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NFL Urges Supreme Court to Allow State Prediction-Market Rules

By Drooid · · How we work

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Story summary
  • The NFL filed an amicus brief urging the Supreme Court to allow state regulation of prediction-market contracts.
  • The league said $1.8 billion of Sunday’s $3.3 billion trading volume involved NFL games.
  • NFL argued the CFTC’s 543 employees cannot adequately safeguard game integrity.
  • The brief noted a split, with the 6th and 9th Circuits favoring state regulation.
  • Attorneys general from 39 states and D.C. filed a supporting amicus brief for New Jersey.
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