NFL Appeals to US Supreme Court Over Prediction Markets

In Crypto Regulations
October 10, 2026

NFL Appeals to US Supreme Court Over Prediction Markets

The National Football League (NFL) has filed a document with the US Supreme Court supporting New Jersey authorities in a dispute with the platform Kalshi. The organization argues that contracts on sports events should be classified as gambling rather than financial derivatives.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.