CFTC to ‘Defer to Leagues’ as NFL Pushes for Prediction Market Guardrails

The NFL sent letters to Kalshi and Polymarket on Sunday demanding the prediction market platforms “refrain from offering trades on events that can be easily manipulated or determined in advance,” and the CFTC just handed the league significant institutional leverage to back that demand. CFTC Chairman Michael Selig told ESPN sports betting correspondent David Purdum that the agency will “afford a lot…