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NFL asks Supreme Court to let states regulate prediction markets
Original: NFL asks Supreme Court to regulate prediction markets at the state level
The NFL has asked the US Supreme Court to take up the question of whether prediction markets like Kalshi should be regulated at the state level. The move escalates the league's legal fight against sports-event contracts offered on federally regulated exchanges, which states argue amount to unlicensed sports betting. The court has not yet said whether it will hear the case.
Why now: The NFL's petition is a significant escalation in the legal battle over sports wagering on prediction-market platforms.
Evidence
- NFL asks Supreme Court to regulate prediction markets at the state level · lucaspauker · 13
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