""Some people are going to have that information ... that they can then share. We're trying to stay as far as we can from some of those sorts of inside information wagers that could exist in this space.""
""The NFL does not have a formal agreement with the CFTC, according to Miller, but does believe the regulator values the league's insights.""
The NFL has asked prediction market operators like Kalshi and Polymarket to refrain from offering trades on events that can be easily manipulated or predetermined. This includes trades related to announcers' comments, celebrity attendance, and draft picks. The league aims to protect participants from unfair allegations linked to gambling. Concerns were raised about trading on broadcaster mention markets and celebrity attendance, which are not typically offered by traditional sportsbooks. The NFL's letter follows discussions with the Commodity Futures Trading Commission regarding market manipulation.
Read at ESPN.com
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