” The NFL filed a brief Thursday in support of New Jersey’s request for a high court decision on the governing authority for prediction markets , which provide an opportunity to trade — or wager — on the result of future events. S. Commodity Futures Trading Commission has maintained it has exclusive jurisdiction, while states have argued that the array of typically yes-or-no questions on prediction markets is akin to gambling and falls under their purview. “Absent the clarity that only this Court can provide, (prediction market) operators will continue exploiting the gap between state and federal regulation, endangering consumers and the integrity of sports events across the country,” lawyers for the NFL wrote. 3 billion total — was connected to the league. “Any delay from the Court will result in increasing consumer harm and risk to game integrity,” the NFL wrote in its brief. Kalshi spokeswoman Elisabeth Diana said its top priority is market integrity, and she pointed to its partnerships with the NHL, Major League Baseball and other sports organizations as evidence. S. commodities exchange,” Diana said. “The CFTC’s ongoing rulemaking addresses many of the NFL’s supposed concerns. S. ” Ohio filed a brief on Wednesday urging the high court to side with New Jersey and preserve the power of all states to regulate prediction markets, as they do casino gambling and sports betting. The filing was backed by 38 states, including Republican and Democratic attorneys general from states including Arkansas, California, Illinois, Missouri, New York, South Carolina and Pennsylvania.