By SectorWire desk ·
The NFL is withholding commercial agreements with prediction market platforms pending action on integrity and regulatory concerns. NFL commissioner Roger Goodell told CNBC that the league remained in discussions with some platforms.
Prediction market platforms face withheld NFL commercial agreements pending action on integrity and regulatory concerns.
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The NFL wants stronger regulation of potential prediction market partners and will take its time over partnerships.
The request concerns states’ authority to regulate prediction market operators in the United States.
The suit contests state authority over Underdog’s prediction market and follows a ruling against Kalshi.
The dispute concerns whether federal commodities regulators or gambling authorities should oversee sports contracts, affecting prediction market oversight.
Prediction market regulation faces scrutiny through 39 states’ Supreme Court filing and the NFL’s call for clarity.
The NFL seeks gambling classification for prediction-market apps, citing sporting integrity concerns, unclear rules and limited sports wagering oversight.