Story perspectives

CFTC Chairman Urges Collaboration on Sports Prediction Markets

3/30/2026

Summary

Story summary

CFTC Chairman Michael Selig says leagues may apply to launch prediction markets and must collaborate to prevent manipulation.
The NFL urges operators like Kalshi and Polymarket to avoid trades on manipulated events.
The NFL seeks regulatory clarity before partnerships to protect participants from unfair gambling allegations.
A bipartisan Senate bill would ban prediction markets that resemble sports betting, while states challenge legality.
MLB and NHL have already partnered with prediction markets.

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Story summary

CFTC Chairman Michael Selig says leagues may apply to launch prediction markets and must collaborate to prevent manipulation.
The NFL urges operators like Kalshi and Polymarket to avoid trades on manipulated events.
The NFL seeks regulatory clarity before partnerships to protect participants from unfair gambling allegations.
A bipartisan Senate bill would ban prediction markets that resemble sports betting, while states challenge legality.
MLB and NHL have already partnered with prediction markets.