NFL urges Supreme Court to decide who should regulate prediction markets

The NFL has filed an amicus brief urging the Supreme Court to clarify whether prediction markets should be regulated by federal authorities (the CFTC) or by individual states. The league argues that these markets function as sports gambling and pose risks to game integrity and consumer safety due to current regulatory gaps. While the NFL supports state-level regulation similar to traditional sportsbooks, the CFTC and prediction market platforms like Kalshi and Polymarket maintain that a federal framework is more effective, with some sources accusing the NFL of attempting to avoid federal oversight in favor of more influence at the state level.

The NFL has filed an amicus brief urging the Supreme Court to clarify whether prediction markets should be regulated by federal authorities (the CFTC) or by individual states. The league argues that these markets function as sports gambling and pose risks to game integrity and consumer safety due to current regulatory gaps. While the NFL supports state-level regulation similar to traditional sportsbooks, the CFTC and prediction market platforms like Kalshi and Polymarket maintain that a federal framework is more effective, with some sources accusing the NFL of attempting to avoid federal oversight in favor of more influence at the state level.