U.S. CFTC secures deal with National Hockey League on prediction market safeguards
A new arrangement has been set between the derivatives regulator and professional hockey, following on the heels of a similar baseball agreement.
AI Summary
The U.S. Commodity Futures Trading Commission has signed a memorandum of understanding with the National Hockey League to share information about prediction market betting on NHL games, following a similar agreement with Major League Baseball. The NHL, which has official prediction market partnerships with Kalshi and Polymarket, will coordinate oversight with the CFTC to safeguard the integrity of sports betting and protect participants from insider trading and fraud. The CFTC chairman indicated the agency is pursuing similar arrangements with all major professional sports leagues.