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USA TODAY analysis shows NFL-related contracts reached 69% of notional volume on prediction markets by Oct. 11, 2026. Combined notional volume on Kalshi and Polymarket US rose from $2.83 billion to $4.6 billion. The NFL cites this $1.8 billion figure in a Supreme Court brief regarding state gambling laws versus federal CFTC authority.
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Summary by ByteBrief

NFL Files Brief on Prediction Market Rules

Analysis: 795 accounts funded by ADI Predictstreet's own fee-collecting wallet drove 99% of the FIFA-partnered prediction market's activity since late August (Wall Street Journal)

Restaurant Group Hedges with $60,000 Prediction Market Bet