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NFL asks US Supreme Court to review prediction-market oversight split

Regulation

The NFL has asked the US Supreme Court to review conflicting federal appeals court rulings on whether sports-event contracts on prediction markets fall under federal or state oversight. In a brief supporting New Jersey officials’ petition, the league argued that state gambling laws should apply; Kalshi and Polymarket defended federal oversight, while 39 states and the District of Columbia also supported review.

The court’s decision could determine whether states can apply gambling safeguards to sports prediction markets.

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Regulation

Ohio seeks Supreme Court review of US sports prediction market jurisdiction

Ohio has asked the US Supreme Court to hear a dispute over authority to regulate sports prediction markets. A bipartisan coalition of 39 states supports the request. Ohio argues states should oversee these products, while operators including Kalshi and Polymarket say they offer swaps under Commodity Futures Trading Commission supervision.

Ohio has asked the US Supreme Court to hear a dispute over whether sports-related prediction markets fall under state gambling law or federal oversight of swaps, according to a filing by the state. Ohio is leading a bipartisan coalition of 39 states in the request. The Supreme Court is not required to take the case, and it is not yet known whether the justices will agree to hear it.

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