NCAA urges federal regulators to suspend prediction markets that look a lot like gambling

OXON HILL, Md. (AP) — The NCAA sent a letter Wednesday asking federal regulators to suspend prediction markets, which are trading sites that allow users to essentially bet on outcomes of games, for college sports. NCAA President Charlie Baker sent the letter to the chair of the Commodity Futures Trading Commission, urging him to put […]
The post NCAA urges federal regulators to suspend prediction markets that look a lot like gambling appeared first on East Idaho News.