""Our view is that these platforms mimic sports betting, and that they are covered as prohibited conduct under our policy," Perel said during a media briefing highlighting the league's sports betting protocols. "That would be for all of our personnel, and now we're educating on this point as well, specifically stating that engaging in these platforms would be prohibited under the policy." Players are allowed to wager on non-NFL events, but league personnel are prohibited from all betting."
"Prediction markets allow customers to trade on sports outcomes more like stocks and say they are regulated by the Commodities Futures Trading Commission, not state gambling regulators. The NFL has expressed concern that since prediction market sites operate outside of state regulations, they lack some of the protections that have been put in place in the traditional sports betting market. David Highhill, NFL vice president of sports betting, said a lack of information sharing, responsible betting tools and prohibitions on certain types of bets that the league finds objectionable are concerns with prediction markets."
NFL policy prohibits players and all league personnel from engaging with prediction-market platforms that mimic sports betting. Prediction markets let customers trade on sports outcomes similarly to stocks and claim regulation by the Commodities Futures Trading Commission rather than state gambling regulators. The league views those platforms as covered by its prohibited-conduct rules and is educating personnel about the restriction. Players retain the ability to bet on non-NFL events, while league personnel face prohibitions on all betting. The league cites concerns about lack of information sharing, limited responsible-betting tools, and absence of certain bet restrictions on prediction markets.
Read at ESPN.com
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