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 The Block, U.S. Commodity Futures Trading Commission Chair Michael Selig said that when assessing which prediction market contracts are vulnerable to manipulation, the agency will “to a large extent defer to the opinions of the various sports leagues.”

Earlier, the National Football League (NFL) sent letters to prediction market platforms such as Kalshi and Polymarket, asking them to stop offering single-game outcome, drafts, injuries, and other contracts that are susceptible to manipulation or could be determined in advance, arguing that such contracts could encourage manipulation.

On the legislative front, lawmakers from both parties have introduced a bill to prohibit sports-related contracts from being listed on prediction markets not regulated by the federal government, and multiple states have also challenged the legality of these platforms through legal means. Meanwhile, Major League Baseball chose a cooperative approach, working with Polymarket to reach an agreement and sign an information-sharing pact.