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Bitcoin.com News 3d ago

NFL Signs Traditional Sportsbook Deals While Banning Prediction Markets

The NFL has renewed partnerships with major sportsbooks, enforcing betting restrictions and continuing to exclude decentralized prediction markets.

NFL Signs Traditional Sportsbook Deals While Banning Prediction Markets

The National Football League has signed multi-year betting agreements with DraftKings, FanDuel, and Fanatics, ending a five-month commercial hiatus. The new arrangements strictly prohibit wagers on player injuries and officiating decisions, mirroring proposed federal regulatory standards.

The league reaffirmed its policy of avoiding partnerships with decentralized prediction markets. The NFL's cautious approach aligns with regulatory proposals from the CFTC aiming to curb speculative contracts tied to sensitive sporting events.

By favoring licensed sportsbooks, the NFL solidifies the dominance of traditional wagering operators while maintaining a defensive posture toward web3 betting platforms.

Key takeaways

  • The NFL renewed multi-year deals with DraftKings, FanDuel, and Fanatics.
  • Agreements bar bets on referee calls and athlete injuries.
  • Decentralized prediction platforms remain excluded from league partnerships.
Source: Bitcoin.com News