The NFL is urging the Supreme Court to rule on prediction markets like Kalshi and Polymarket
The NFL is urging the Supreme Court to rule on the regulation of prediction markets after the league accounted for $1.8 billion in trading volume on the first Sunday of this season alone, arguing that states are better positioned to oversee sports-related contracts “given the current landscape.”The NFL filed a brief Thursday in support of New Jersey’s request for a high court decision on the governing authority for prediction markets, which provide an opportunity to trade — or...
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