NFL asks Supreme Court to classify prediction markets as gambling in USA
By SectorWire desk · · Updated
Summary
The NFL has asked the US Supreme Court to treat prediction-market apps as gambling. The league filed an amicus brief in litigation involving Kalshi, citing concerns about sporting integrity, unclear rules and limited oversight of sports wagering.
Why it matters
The NFL seeks gambling classification for prediction-market apps, citing sporting integrity concerns, unclear rules and limited sports wagering oversight.