Major League Baseball and the Commodity Futures Trading Commission have signed a landmark memorandum of understanding - the first federal regulatory agreement with a professional sports league on prediction markets.
The pact enables real-time information sharing to guard against fraud, manipulation, and abuse in baseball-related prediction contracts. CFTC Chairman Mike Selig called it a collaborative step toward market integrity and resilience.
MLB Commissioner Rob Manfred emphasized protecting on-field integrity while enabling responsible fan engagement. He stressed that federal jurisdiction - unlike fragmented state-by-state sports betting rules - simplifies oversight.
Concurrently, Polymarket was named MLB’s exclusive prediction market exchange partner.
