Major League Baseball reportedly agreed a multi-year partnership with Polymarket, which the report says would make the company the league’s official prediction-market platform. The report also says MLB reached an information-sharing agreement with the Commodity Futures Trading Commission.
The reported agreements connect MLB, a prediction-market operator and the federal regulator overseeing that sector.
The day’s most important stories, free. One email a day.
Major League Baseball signed a memorandum of understanding with the Commodity Futures Trading Commission on prediction market integrity, according to the league and regulator statements cited in the report. The agreement provides for cooperation and information exchange related to baseball markets. MLB also partnered with Polymarket, but the report does not specify the partnership’s commercial terms.
The NBA has reportedly agreed measures to establish integrity rules for prediction markets linked to the league. The available text says the measures include a memorandum of understanding but does not identify the other party.
DraftKings’ revenue fell, reportedly, while its chief executive said the company could compete in prediction markets. The available article text does not provide financial figures or further details.
Robinhood is reportedly in talks with Crypto.com about offering Crypto.com's prediction markets through Robinhood's platform. No agreement has been finalised, and Robinhood said it would continue working with multiple exchanges; its existing partners include Kalshi, ForecastEx and Rothera.
Meta reportedly held talks with Kalshi chief executive Tarek Mansour last year about a possible acquisition, but the discussions ended without a deal. People familiar with the talks gave conflicting accounts of why they broke down, and Meta and Kalshi declined to comment on the reports. Meta is reportedly developing a prediction-market app, while the reports say its potential use of real-money trading remains unresolved.