Sports And Law News

NFL urges Supreme Court to classify prediction markets as state-regulated gambling

The NFL has filed an amicus brief with the U.S. Supreme Court arguing that sports prediction markets are gambling and must be regulated by states, not the federal Commodity Futures Trading Commission (CFTC). The league contends that current federal oversight lacks necessary safeguards, such as a 21-year age limit and bans on manipulation-prone bets. This legal push follows a circuit split where some appeals courts ruled states can regulate these markets, while others sided with federal jurisdiction. The NFL seeks a ruling before the end of the football season to protect game integrity, despite opposition from platforms like Kalshi that argue federal rulemaking is sufficient.