🚀 MLB Signs Integrity Agreement with CFTC and Names Polymarket as Official Prediction Market Exchange
#MLB #CFTC #IntegrityAgreement #Polymarket #PredictionMarket #SportsIntegrity #RobertManfred #MichaelSelig #NS3AI #GamblingRules #Kalshi #OfficialExchange #SportsLegislation
Major League Baseball (MLB) has announced that Commissioner Robert Manfred has signed an integrity protection memorandum of understanding with Commodity Futures Trading Commission (CFTC) Chair Michael Selig. According to NS3.AI, this agreement is part of MLB's efforts to maintain the integrity of the sport amid increasing scrutiny from federal and state lawmakers on prediction market platforms like Polymarket and Kalshi. Additionally, MLB has designated Polymarket as its Official Prediction Market Exchange. In August, MLB had already cautioned players and clubs that league gambling rules are applicable to prediction markets.#MLB #CFTC #IntegrityAgreement #Polymarket #PredictionMarket #SportsIntegrity #RobertManfred #MichaelSelig #NS3AI #GamblingRules #Kalshi #OfficialExchange #SportsLegislation
🚀 NFL Requests Halt on Manipulable Sports Prediction Contracts
#NFL #SportsBetting #PredictionMarkets #CFTC #Kalshi #Polymarket #SportsIntegrity #Regulation
The National Football League (NFL) has requested that Kalshi and Polymarket cease offering sports prediction contracts linked to outcomes that the league claims can be easily manipulated or predetermined. According to NS3.AI, CFTC Chairman Michael Selig stated that the agency will grant significant deference to sports leagues when assessing whether such contracts are susceptible to manipulation. The NFL has not disclosed the complete contents of the letter, and it remains uncertain if either platform will alter its offerings in response.#NFL #SportsBetting #PredictionMarkets #CFTC #Kalshi #Polymarket #SportsIntegrity #Regulation