Regulation· ★★★· neutral·

NFL asks Supreme Court to let states regulate prediction markets

  • —NFL filed an amicus brief with the Supreme Court on October 8, 2026, backing New Jersey against Kalshi
  • —NFL-related contracts topped $1.8 billion on the season's first Sunday, over half of the $3.3 billion traded that day
  • —The league wants a minimum betting age of 21; Kalshi currently allows users aged 18 and up
  • —A bipartisan group of 39 states and the District of Columbia filed a brief supporting New Jersey
Why it matters: If the Supreme Court sides with states, prediction market platforms could face dozens of separate licensing regimes instead of a single federal framework.
Source: Crypto Briefing
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