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NFL asks Supreme Court to curb state-level prediction markets

Original: (The Athletic) NFL asks Supreme Court to regulate prediction markets at the state level https:// lemmy.world/post/529564

The NFL has asked the US Supreme Court to take up a case concerning how prediction markets are regulated, arguing that oversight should rest at the state level. The move signals growing concern among major sports leagues over the rapid expansion of event-based betting contracts, which currently operate in a loosely regulated federal framework.

Why now: Prediction markets offering sports-related contracts are expanding quickly, raising legal and regulatory questions for the league.

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