MLB Partners with Polymarket, Signs CFTC Integrity MOU
Major League Baseball announced on Thursday a multiyear partnership with the prediction market platform Polymarket, alongside a first-of-its-kind memorandum of understanding with the Commodity Futures Trading Commission to safeguard the integrity of the sport amid the rise of event-based trading.
The partnership designates Polymarket as MLB's exclusive prediction market exchange, granting the company access to official league logos, real-time data from Sportradar, MLB's global data distributor, and promotional opportunities at games and across digital platforms. In return, MLB and Polymarket agreed to implement an integrity framework, including restrictions on markets that could compromise the game, such as wagers on individual pitches, manager decisions or umpire performance. The league emphasized that other prediction market platforms offering baseball-related contracts must adopt similar protections in their rulebooks.
Simultaneously, MLB and the CFTC signed the non-binding MOU, establishing a mechanism for sharing confidential information on integrity issues affecting professional baseball and related prediction markets. Designated representatives from both organizations...