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MLB urges CFTC to introduce integrity and player protection to sports event contracts

Summary by egr.global
Major League Baseball (MLB) has aired concerns that the growing sports event contracts space is not providing the same integrity and consumer protections that exist in the regulated sports betting arena. In an email signed by MLB EVP of legal and operations, Bryan Seeley, the exec urged the Commodity Futures Trading Commission (CFTC) to tighten requirements on prediction markets to replicate those frameworks in place across states that have lega…
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egr.global broke the news in on Tuesday, March 11, 2025.
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