NFL Asks Supreme Court to Back State Prediction Market Rules
Photo: World Casino News
The NFL has asked the U.S. Supreme Court to preserve state authority over sports-related prediction markets, arguing that contracts tied to game outcomes should be regulated like sports betting. The league filed an amicus brief supporting New Jersey in its dispute with Kalshi. The case concerns whether federal commodities law gives the Commodity Futures Trading Commission exclusive authority over sports event contracts or whether states can apply gambling laws to those products.
Source: World Casino News
