4 minutes ago

NCAA President Charlie Baker Proposes Suspension For Prediction Markets Like Kalshi

“I hope that we can figure out some way to create a coalition around some of this stuff,” Baker said. “The NBA did manage to get certain kinds of bets taken off at the professional level, which was great,” he added, suggesting the NCAA is urging federal regulators to suspend prediction markets such as Kalshi. Earlier, Kalshi notified a federal regulator that it was self-certifying the markets.