"Prediction market Kalshi notified a federal regulator on Wednesday that it was self-certifying markets on whether college athletes will enter the NCAA transfer portal, but the company says it has no immediate plans to begin offering trading on the portal. In a filing submitted to the Commodity Futures Trading Commission, Kalshi wrote that contracts on the transfer portal will initially be listed Dec. 17, 2025, and that it intends to list such markets daily."
""It is already bad enough that student-athletes face harassment and abuse for lost bets on game performance, and now Kalshi wants to offer bets on their transfer decisions and status. This is absolutely unacceptable and would place even greater pressure on student-athletes while threatening competition integrity and recruiting processes. Their decisions and future should not be gambled with, especially in an unregulated marketplace that does""
Kalshi told the Commodity Futures Trading Commission that it self-certified markets on whether college athletes will enter the NCAA transfer portal and planned initial listings for Dec. 17, 2025, with intent to list markets daily. The company said it has no immediate plans to offer trading and noted that it sometimes certifies markets it does not ultimately list. Markets would cover NCAA Division I football and basketball players and be settled when a player publicly or officially enters the portal, with social media, agent, or athletic department announcements counting as valid. The NCAA strongly opposes such markets and cites risks to student-athletes and competition integrity amid regulatory pushback.
Read at ESPN.com
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