Players from the NBA, NFL, and MLB call for a ban on betting ‘unders’

The unions backing nonrecreational NBA, NFL, MLB, NHL, and MLS players are calling connected the Commodity Futures Trading Commission (CFTC) to prohibition prediction marketplace platforms from allowing users to stake connected a player's underperformance oregon injury, Sports Business Journal reports. In their letter, the unions mention the request for "appropriate regulations" to support athletes and their families from "abusive and harassing behavior."

The unions wrote the missive successful effect to the CFTC's request for comment connected the regularisation of prediction markets, specified arsenic those operated by Kalshi and Polymarket. In summation to asking for a prohibition connected "under" bets, the unions besides w …

Read the afloat communicative astatine The Verge.