The NCAA has formally requested the U.S. Commodity Futures Trading Commission (CFTC) to suspend prediction market contracts related to college sports. The NCAA argues these contracts functionally resemble sports betting but lack the protective measures typical of licensed bookmakers, such as age restrictions, advertising standards, and integrity monitoring. The organization expressed concerns that contracts involving individual athletes could lead to coercion and harassment. Polymarket's college sports-related contracts have reportedly seen a trading volume of approximately $320 million. The NCAA is advocating for stricter geographic restrictions, enhanced information sharing, limitations on "prop" contracts, and the involvement of sports governing bodies in market design and oversight.