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40 states say they should have the power to regulate sports betting on Kalshi, Polymarket
The NFL is urging the Supreme Court to rule on the regulation of prediction markets, arguing in an amicus brief that states are better positioned to oversee sports-related contracts “given the current landscape.”
The NFL has sided with New Jersey in a court fight over prediction markets, filing an amicus brief urging the U.S. Supreme Court to hear the case involving Kalshi. The league argues sports contracts are gambling and that allowing prediction markets to sell them outside state gambling laws threatens game integrity and…