NFL Backs States in Supreme Court Dispute Over Kalshi Sports Contracts
The NFL has asked the Supreme Court to settle a dispute over state authority to regulate sports contracts offered by prediction markets such as Kalshi.
The NFL is supporting states in a Supreme Court dispute involving Kalshi and the regulation of sports contracts on prediction markets, according to Decrypt.
The league argues that these contracts should be treated as gambling products rather than swaps governed by federal regulation.
Federal appeals courts have split over whether states can regulate the contracts. The NFL has urged the Supreme Court to resolve that disagreement.
Source: Decrypt
