The NFL has asked the Supreme Court to decide who can regulate prediction markets, claiming that betting on these platforms should be governed by state gambling laws. The league submitted an amicus brief in a dispute involving Kalshi and the state of New. The brief argues that the current regulatory framework does not adequately address the legal status of prediction market wagers.
The National Football League (NFL) urged the Supreme Court on Thursday to take up a case over who has the authority to regulate prediction markets, arguing that wagers on the platforms should fall under state gambling laws. The league filed an amicus brief as part of a dispute between Kalshi and the state of New...
