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Tech • 4h ago

Polymarket continues its partnership spree with a Major League Baseball deal

Polymarket continues its partnership spree with a Major League Baseball deal
**Major League Baseball Partners with Polymarket in Prediction Market Deal** Major League Baseball (MLB) has announced a significant partnership with prediction platform Polymarket, marking the latest in a string of deals for the company. On Thursday, MLB revealed that Polymarket will serve as its official prediction market partner, granting the platform exclusive access to official league data and permission to use MLB logos in its products. As part of the agreement, Polymarket will also receive **brand exposure** at games and through MLB's digital channels, according to the announcement. Additionally, MLB has signed a memo of understanding with Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, outlining a plan for the agency and the league to share information related to baseball and prediction markets. The partnership with Polymarket comes after MLB officials expressed concerns about the potential impact of prediction markets on sports audiences. In a letter to the CFTC sent last year, the league emphasized the need for an integrity framework to regulate how prediction markets affect the game. MLB officials have framed the new partnership as a means to ensure the enforcement of integrity standards. Polymarket has experienced a significant turnaround since September, when the CFTC eased regulatory roadblocks, allowing the company to operate in the United States. Since then, the platform has announced major data partnerships with tech giants like Google and Palantir, as well as sports partnerships with Major League Soccer and Major League Hockey, and media companies.
Source: Original Article • AI-enhanced version

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