Gate News update: On March 30, the U.S. Commodity Futures Trading Commission (CFTC) said it will refer to sports league input when assessing the risks of prediction market contracts. This came after the National Football League (NFL) urged platforms to tighten related trading rules. According to reports, the NFL has sent a letter to a prediction market platform, asking it to avoid listing contracts that are prone to manipulation or whose outcomes can be decided in advance. These include single-game events (such as whether a first down attempt fails, or whether a field goal is made), draft results, roster decisions, and broadcast-related content, among others. The league also specifically pointed out that markets related to penalty rulings and player injuries may create incentives for manipulation, thereby affecting the fairness of games. CFTC Chair Michael Selig said that the regulator will “highly reference league input” when evaluating such contracts, and believes sports leagues have professional advantages in identifying potential manipulation risks. At present, the NFL has not publicly disclosed the full contents of its letter, and it is unclear whether the relevant platforms will adjust their products.
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