NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and one of the authors of the relevant law.
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- The NFL has piled into the argument against federal oversight of prediction markets such as Kalshi and Polymarket, filing a brief with the U.S. Supreme Court as the case potentially heads toward a definitive ruling.
- Other briefs also landed with the Supreme Court this week, including those from ex-regulator Gary Gensler and former Senator Chris Dodd, the sponsor of the bill on which the Commodity Futures Trading Commission has anchored its argument that it should have the last say as the prediction markets watchdog.
