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MLB asks CFTC for integrity framework for prediction-market contracts

Regulation

Major League Baseball asked the US Commodity Futures Trading Commission to establish an integrity framework for prediction-market event contracts, a letter reported in the source said. MLB said current contracts do not pose the same integrity risks as prop bets or single-game bets, but expected comparable offerings to emerge; Nevada regulators had issued Kalshi a cease-and-desist order over sports and election contracts.

The request concerns how federal oversight of prediction-market contracts may address integrity risks alongside state sports betting rules.

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Deals & M&A

MLB partners with Polymarket and agrees integrity measures with CFTC

Major League Baseball said it has formed a partnership with Polymarket and signed a memorandum of understanding with Commodity Futures Trading Commission chair Michael S. Selig on prediction-market integrity. MLB and the CFTC will share information about baseball integrity and related markets, while Polymarket will receive access to MLB logos and official league data from Sportradar.

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