NFL Urges US CFTC to Tighten Sports Prediction Rules — Minnesota Block Temporarily Halted
We break down what’s happening with prediction markets in the US — regulation is tightening, but there are also situational exceptions. The National Football League (NFL) has called on the CFTC to tighten rules for sports prediction markets.
In a July 27 letter, the league said preserving game integrity is its top priority and that the regulator’s proposed rules don’t provide enough protection.
Hot topic: Medical Students Are Using Kalshi and FanDuel to Pay for Tuition — Two-Thirds Factor Winnings Into Their Budget Separately, a federal court temporarily blocked Minnesota’s law that would have banned prediction markets in the state starting August 1.
Both developments come as Kalshi and Polymarket posted record trading volumes during the FIFA World Cup. NFL vs. Micro-Events and Insider Trading The NFL proposed restricting contracts on events that could be manipulated by one person or a small group.
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