The NFL submitted an amicus brief encouraging the Supreme Court to take up New Jersey’s lawsuit, contending that Kalshi’s sports-related contracts amount to gambling rather than swaps regulated by the CFTC.
The National Football League is supporting New Jersey regulators by asserting that sports prediction contracts constitute gambling and should not be shielded from state oversight through the federal derivatives system.
In an Originally published at https://www.theblock.co/news/regulation/2026-10-08-nfl-amicus-brief-supreme-court-kalshi-new-jersey-prediction-markets-418064.
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