MLB partners with prediction market, CFTC

Major League Baseball (MLB) has named Polymarket as its exclusive partner for prediction markets, following last year's scandal. This collaboration includes working with the Commodity Futures Trading Commission (CFTC) to ensure betting integrity. The agreement aims to restrict markets that pose an integrity risk, enhancing trust and transparency in sports betting related to MLB. This move signifies a proactive approach by MLB to address past issues and establish robust oversight in partnership with regulatory bodies.