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TRX NFL urges Supreme Court to treat Kalshi sports contracts as gambling
The NFL filed an amicus brief urging the Supreme Court to hear New Jersey's case, arguing Kalshi's sports contracts are gambling rather than CFTC-regulated swaps. CoinDesk reports the NFL sided with states, Gary Gensler and one of the authors of the relevant law against federal oversight of prediction markets.
Why “Unverified”
- 2 independent sources (The Block, CoinDesk), but no primary confirmation
2 independent source groups across 2 posts · evidence score 84/100. How labels work
What the sources claim
-
The NFL filed an amicus brief urging the Supreme Court to hear New Jersey's case, arguing Kalshi's sports contracts are gambling, not CFTC-regulated swaps.
“The NFL filed an amicus brief urging the Supreme Court to hear New Jersey's case, arguing Kalshi's sports contracts are gambling, not CFTC-regulated swaps.”
The Block -
The NFL has sided with states, Gary Gensler and one of the authors of the relevant law in opposition to federal oversight of prediction markets.
“the National Football League has sided with states, Gary Gensler and one of the authors of the relevant law”
CoinDesk
Sources
More in Prediction Markets
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-08 18:10 UTC. Labels are computed from the sources, not by the model.