NFL urges Congress to restrict sports prediction market contracts
The NFL urged the US House Committee on Agriculture and the Commodity Futures Trading Commission to restrict sensitive sports event contracts on prediction platforms. In written testimony, executive vice-president Jeff Miller said those markets lack the safeguards used by state-regulated sportsbooks; the Coalition for Prediction Markets said federal rules provide protections for traders.
The proposed restrictions could affect prediction platforms offering sports contracts nationwide, including in states without licensed sportsbooks.