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NFL seeks regulation of prediction markets
PYMNTS·
The National Football League has formally requested increased regulation for prediction market platforms. In a letter addressed to companies registered with the Commodity Futures Trading Commission (CFTC) that offer NFL-related trades, the league specifically called for restrictions on "objectionable bets." This move signals the NFL's growing concern over the types of event contracts being made available on these platforms and their potential impact on the integrity of the sport. The league is advocating for clearer guidelines to govern the scope of betting activities related to NFL events.
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PYMNTS — pymnts.com