NFL Calls for Stricter Sports Prediction Market Regulation, Seeks 21+ Age Requirements

According to The Block, the NFL sent a letter to the CFTC on July 28, calling for stricter regulation of sports prediction markets. The league argues that the CFTC's proposed rules are insufficient in protecting game integrity and consumers. NFL's specific requests include restricting easily manipulated markets, prohibiting trading on material nonpublic information, mandating use of league-specific prohibited trader lists, implementing margin trading bans, restricting advertising, and enforcing a 21-year-old age threshold. The NFL also contends the 10-day pre-approval window is too short.
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