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NFL urges CFTC to ban certain sports prediction contracts and raise age limit to 21

Market News
15 May 2026
CNBC
View Source
Bearish
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The NFL has sent a letter to the Commodity Futures Trading Commission (CFTC) recommending stricter regulations on sports-related prediction markets. The league wants bans on contracts it sees as easily manipulated, such as those on specific player actions or injuries, and suggests raising the minimum trading age from 18 to 21 to align with sports betting rules. The NFL also proposes closer cooperation between prediction platforms, sports governing bodies, and regulators to prevent fraud and insider trading. These recommendations come as the CFTC is currently reviewing rules for prediction markets amid growing industry interest.

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