ME News reports that on October 9 (UTC+8), the National Football League (NFL) filed an amicus brief with the U.S. Supreme Court in support of New Jersey’s petition for certiorari in the Kalshi case, arguing that states should have the authority to regulate sports-related contracts on prediction markets like Kalshi under their gambling oversight powers, opposing the CFTC’s claim of exclusive federal jurisdiction. The NFL stated that it has requested the CFTC and the platform to prohibit bet types susceptible to manipulation, restrict insider betting, and enforce a minimum age of 21—but these measures have not yet been implemented. Kalshi still permits users aged 18 to trade, while most state sports betting laws require participants to be at least 21. The NFL also noted that the CFTC has only about 543 employees nationwide, responsible for regulating all derivatives, and lacks the enforcement capacity of state gambling regulators, potentially jeopardizing赛事 integrity and consumer protection. (Source: Foresight News)
NFL Supports State Regulation of Sports Contracts on Prediction Markets, Opposes CFTC's Exclusive Jurisdiction
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Summary
The National Football League (NFL) filed an amicus brief with the U.S. Supreme Court in support of New Jersey’s petition in the Kalshi case, endorsing state regulation of sports contracts on prediction markets while opposing the CFTC’s exclusive jurisdiction. The NFL criticized the agency’s oversight of counter-terrorism financing (CTF) and risk-on assets as inadequate, noting that it employs only 543 staff to oversee all derivatives. It called for bans on manipulable categories and trading restrictions for individuals under 21, neither of which have been implemented. Kalshi still permits 18-year-olds to trade, conflicting with most state laws.
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