NFL Puts State Authority at Heart of Prediction Markets Case

The National Football League urged the U.S. Supreme Court on October 8, 2026, to clarify whether state officials can regulate prediction markets, arguing states are better equipped than the federal government to police them. The filing puts the league into a jurisdictional dispute with consequences for how sports-linked contracts are treated alongside established sports betting. At issue is who should oversee platforms where customers trade contracts tied to the outcome of events, including sporting events.