Foresight News|Dec 19, 2025 01:03
[Kalshi Halts Plan to Launch College Athlete Transfer Market Following NCAA President's Criticism]
According to Foresight News, as reported by The Block, prediction market Kalshi has paused its plan to launch a feature allowing users to predict whether college athletes will enter the transfer portal. Although Kalshi has submitted the relevant application to the U.S. CFTC, a company spokesperson stated, 'We do not have immediate plans to launch these contracts. We certify many markets, but not all of them will be launched.'
Previously, NCAA President Charlie Baker stated, 'The NCAA is firmly opposed to college sports prediction markets. Student-athletes are already facing harassment and abuse due to failed bets, and now Kalshi wants to offer betting on their transfer decisions, which is completely unacceptable.'
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