NFL submits public comment on CFTC’s proposed prediction market rules

LONDON, ENGLAND - OCTOBER 13: General view inside the stadium, as the NFL logo is seen on the pitch prior to the NFL match between Jacksonville Jaguars and Chicago Bears at Tottenham Hotspur Stadium on October 13, 2024 in London, England. (Photo by Richard Heathcote/Getty Images)
LONDON, ENGLAND - OCTOBER 13: General view inside the stadium, as the NFL logo is seen on the pitch prior to the NFL match between Jacksonville Jaguars and Chicago Bears at Tottenham Hotspur Stadium on October 13, 2024 in London, England. (Photo by Richard Heathcote/Getty Images) Getty Images

The NFL has submitted public comment with the CFTC calling for tighter restrictions on sports prediction markets than the regulatory agency laid out as part of an initial rule-making proposal it made public in June.

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In a letter to CFTC chair Michael Selig, NFL SVP/Government Affairs Brendon Plack reiterated requests and concerns that the league noted in a May filing with the commission that he said were not sufficiently addressed, including league-proposed bans on bets easily manipulated by one person, including injuries and officiating; and a process to block what it sees as objectionable contracts before they’re issued.

“We appreciate the opportunity to again provide our input on these markets,” Plack wrote, “and we will continue to engage with the Commission as the regulatory process continues to ensure the integrity of our games is preserved.”

Read the full letter here.



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