IAGR and NAGRA urge US Supreme Court review of sports event contracts
IAGR and NAGRA jointly filed an amicus brief urging the US Supreme Court to review whether federal commodities law overrides state gambling laws for sports event contracts on CFTC-registered platforms. The associations cited conflicting preliminary-injunction rulings involving New Jersey and Nevada and said regulators need clarity on their authority and consumer safeguards.
The court’s decision could affect how state gambling rules and safeguards apply to sports event contracts.