By SectorWire desk ·
The NFL wrote to prediction market operators on Thursday as part of its effort to remove certain betting products. The report named Kalshi and Polymarket among the platforms targeted by the league’s push.
The NFL is seeking removal of certain betting products from prediction platforms, including Kalshi and Polymarket.
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The dispute concerns whether federal commodities regulators or gambling authorities should oversee sports contracts, affecting prediction market oversight.
The dispute concerns whether sports prediction platforms must comply with state gambling laws alongside federal financial supervision.
The case and lawsuit could affect how sports event contracts operate and how Florida’s gaming compact applies to DraftKings’ platform.
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
State regulators have been asked to impose permanent betting bans for threats or harassment targeting sporting personnel and their families.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.