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NFL Asks Supreme Court to Treat Sports Prediction Contracts as Gambling, Not Swaps

Crypto Daily·October 9, 2026·1 min read
NFL Asks Supreme Court to Treat Sports Prediction Contracts as Gambling, Not Swaps

The NFL urged the Supreme Court to hear New Jersey's Kalshi challenge, arguing that sports-event contracts are gambling rather than federal swaps. The case could determine the regulatory status of prediction markets, impacting platforms like Kalshi and the broader crypto derivatives landscape.

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