U.S. CFTC says it will "respect the opinions of various sports leagues," after the NFL previously called for increased regulation of prediction markets.

ChainCatcher message, according to a report by The Block: U.S. Commodity Futures Trading Commission Chair Michael Selig said that, when evaluating which prediction market contracts are susceptible to manipulation, the agency would “to a large extent respect the opinions of each sports league.”

Previously, the National Football League (NFL) sent a letter to prediction market platforms such as Kalshi and Polymarket, asking them to stop offering contracts tied to the outcomes of individual games, drafts, injuries, and other contracts that are prone to manipulation or can be determined in advance, believing that such contracts could encourage manipulation.

On the legislative front, bipartisan lawmakers have introduced a bill to prohibit the launch of sports-related contracts on prediction markets from being regulated at the federal level, and multiple states have also challenged the legality of these platforms through legal means. At the same time, Major League Baseball chose a cooperative approach, partnering with Polymarket and signing an information-sharing agreement.