NBA, NFL, MLB Unions Call for Ban on Betting on Player Underperformance or Injury
Unions representing NBA, NFL, MLB, NHL, and MLS players are urging the CFTC to ban prediction market platforms from allowing bets on player underperformance or injury. The request comes in response to the CFTC's call for comments on prediction market regulation, with unions citing concerns over abusive behavior toward athletes. The unions also want to prohibit betting on specific phrases being used in broadcasts.
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Topics: CFTC MLB NBA NFL prediction markets regulation sports betting