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NFL asks Supreme Court to regulate state-level prediction markets
Original: NFL asks Supreme Court to regulate prediction markets at the state level
The NFL has petitioned the US Supreme Court to allow regulation of prediction markets at the state level, according to a New York Times report. The league's move targets platforms like Kalshi that offer sports-event contracts, which the NFL argues should fall under state gambling oversight rather than federal commodities rules.
Why now: The NFL is challenging the legal status of prediction markets that effectively allow sports betting outside state gambling laws.
NFLUS Supreme CourtKalshiNew York Times
Evidence
- NFL asks Supreme Court to regulate prediction markets at the state level · lucaspauker · 13
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