Court-approved deal requires Polymarket US to close remaining customer positions as its Sixth Circuit appeal continues.
The company must stop new contracts and close customer positions by midnight Eastern time on Oct. 10 as appeals continue.
The company says state gambling law cannot reach its federally regulated prediction markets, setting up a clash over the Supremacy Clause.
Drafts will shut in seven states after the NFL kickoff, as the company keeps its CFTC-regulated business and lets existing entries finish.
The measure covers sportsbooks and prediction markets, and supporters say it could stop minors from using adult accounts to place bets.
The board said the partnership blurs the line between licensed betting and prediction markets, and it is taking its sponsorship and staff with it.
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