The NFL has formally asked the Commodity Futures Trading Commission to prohibit certain sports-related prediction market contracts, according to the report. The report does not specify which contracts or the CFTC’s response.
A ban could restrict the sports contracts available on prediction market platforms.
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The Casino Association of New Jersey asked the US Commodity Futures Trading Commission (CFTC) to prevent federally regulated prediction markets from offering sports-related contracts, arguing they could displace state and tribal gaming authority. Kalshi rejected the association’s characterisation of the sector, while FanDuel sought clarity on the proposed rules and the NFL called for stronger protections for sporting-event integrity.
Connecticut officials asked nine companies to stop providing sports event contracts to state residents. Officials also warned that the platforms’ rapid growth could expose certain groups to risk.
Connecticut's Department of Consumer Protection has issued cease-and-desist orders to nine prediction market operators, asking them to stop offering sports event contracts to residents of the state. The department said the companies are offering sports wagers without the licences required under Connecticut law.
The NFL sent letters to Kalshi and Polymarket over the weekend, asking them to remove markets it considers vulnerable to manipulation or advance knowledge. The league cited contracts involving individual actions, draft picks, player moves, coaching changes, officiating, injuries and fan safety; it also raised novelty markets such as broadcast commentary and celebrity attendance.
It was reported that Nevada congressmen introduced a bipartisan proposal against sports-based prediction markets. The proposed Prediction Markets are Gambling Act would prohibit exchanges from listing sports and casino-style contracts.
It was reported that the NFL criticised the CFTC’s proposed prediction market rules. The league sought restrictions on certain sports contracts, stronger insider trading controls and additional user protections.