The National Collegiate Athletic Association (NCAA) has requested the U.S. Commodity Futures Trading Commission (CFTC) to suspend sports prediction markets related to college sports due to concerns over athlete safety.
🔷 NCAA argues that prediction markets (like Polymarket) are essentially sports betting but lack legal protections like traditional bookmakers.
🔷 These markets are accused of circumventing laws to bypass age restrictions (allowing from 18 years old), advertising restrictions, and standards for monitoring the integrity of the matches.
🔷 NCAA is particularly concerned about cont
View Original🔷 NCAA argues that prediction markets (like Polymarket) are essentially sports betting but lack legal protections like traditional bookmakers.
🔷 These markets are accused of circumventing laws to bypass age restrictions (allowing from 18 years old), advertising restrictions, and standards for monitoring the integrity of the matches.
🔷 NCAA is particularly concerned about cont























