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The National Football League has filed an amicus brief with the U.S. Supreme Court, supporting New Jersey's petition to regulate prediction markets as gambling apps. The league argues that platforms like Kalshi and Polymarket, which allow trading on sports outcomes, should be subject to state gambling laws. The NFL cites the massive trading volume on its games and concerns about game integrity. The case highlights a conflict between federal and state regulators, with the CFTC claiming sole jurisdiction and states seeking oversight. The Supreme Court has not yet decided whether to hear the case.
