A closer look at “NFL Urges Supreme Court to Side With States Against Kalshi in Sports Prediction Market Fig”, exactly as the source publishes it. The National Football League is asking the U.S. Supreme Court to settle a growing legal dispute over sports prediction markets, arguing that contracts like those offered by Kalshi are gambling and should be regulated by states, not treated as federally overseen swaps. The league filed an amicus brief urging the justices to resolve a circuit split that has left the legal status of such markets uncertain.
The NFL contends that allowing platforms to offer sports-based event contracts without state oversight could undermine state gambling laws and threaten the integrity of professional sports. Kalshi, a federally regulated exchange, has argued its sports contracts are legal under the Commodity Exchange Act. The case could determine whether states or the federal government have authority over a rapidly expanding industry. The full version stays on the original page, which this listing opens directly.