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NFL Orders Kalshi, Polymarket to Halt Draft-Pick Betting

4/23/2026

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Summary

Story summary

The NFL sent letters on March 29 and April 22 to Kalshi and Polymarket demanding they stop live draft-pick contracts.
Sabrina Perel, the NFL’s chief compliance officer, said contracts on picks, injuries and officiating threaten draft integrity, citing Kalshi’s 127 markets and Polymarket’s $861,000 in second-overall-pick trades by 5 p.m. ET on April 21.
Former GM Tom Telesco warned that insider draft knowledge on prediction-market sites scares him.

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Story summary

The NFL sent letters on March 29 and April 22 to Kalshi and Polymarket demanding they stop live draft-pick contracts.
Sabrina Perel, the NFL’s chief compliance officer, said contracts on picks, injuries and officiating threaten draft integrity, citing Kalshi’s 127 markets and Polymarket’s $861,000 in second-overall-pick trades by 5 p.m. ET on April 21.
Former GM Tom Telesco warned that insider draft knowledge on prediction-market sites scares him.