NFL backs New Jersey authorities in SCOTUS petition over Kalshi

Read original at CoinTelegraph·

NFL backs New Jersey authorities in SCOTUS petition over Kalshi

60-second summary

The NFL files a Supreme Court petition supporting New Jersey’s challenge to Kalshi, arguing that the prediction‑market platform and similar services “threaten game integrity” because numerous event contracts are “highly susceptible to manipulation.” By seeking to block such betting, the league aims to protect its brand, deter illicit wagering and preserve market confidence in sports‑related financial products.

According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.”