By SectorWire desk ·
The NFL wants stronger regulation of potential prediction market partners, citing CNBC. NFL commissioner Roger Goodell has said the league will take its time over such partnerships.
The NFL wants stronger regulation of potential prediction market partners and will take its time over partnerships.
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Prediction market platforms face withheld NFL commercial agreements pending action on integrity and regulatory concerns.
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.