NFL urges CFTC to tighten regulation of prediction markets

The NFL urged the CFTC to strengthen regulation of sports prediction markets in a letter to the agency chair.

It said the current draft rules for event contracts do not adequately protect game integrity or consumers.

The league argued that markets vulnerable to manipulation, referee discretion, or predictable outcomes should be restricted.

The move highlights the broader debate over how to regulate products that resemble sports betting.

CFTC’s final rulemaking could shape the future of platforms such as Kalshi and Polymarket.