NCAA President Charlie Baker calls for CFTC suspension of collegiate prediction markets, citing rapid growth, athlete harassment, and risks of enticing students into harmful speculation.
On January 16, NCAA President Charlie Baker asked the CFTC to suspend college sports prediction markets until stronger safeguards for student-athletes are established. Baker highlighted increased harassment linked to rapid market expansion and warned that 18+ participation could lure students into risky speculative activity. This follows earlier NCAA concerns over $320 million in Polymarket trading volume, bypassing age restrictions and integrity monitoring.