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NCAA slams Kalshi’s intent to offer portal trading

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NCAA slams Kalshi’s intent to offer portal trading


Prediction market Kalshi notified a federal regulator on Wednesday that it was self-certifying markets on whether college athletes will enter the transfer portal, and while the company says it has no immediate plans to begin offering trading on the portal, the decision still drew sharp criticism from the NCAA.

In a filing submitted to the Commodity Futures Trading Commission (CFTC), Kalshi wrote that contracts on the transfer portal will initially be listed Dec. 17, 2025, and that it intends to list such markets daily. Transfer portal markets were not appearing on the site as of 8 p.m. ET Wednesday.

“We certify markets all the time that we do not end up listing,” a Kalshi company spokesperson told ESPN.

According to Kalshi’s filing, the markets will include NCAA Division I football and basketball players and will be settled when a player publicly announces their intent to enter the transfer portal or officially enters the transfer portal. Statements on social media from players or announcements from agents or athletic departments constitute valid announcements, according to the filing.

It’s the latest provocative move by Kalshi, which has emerged as a leading prediction market exchange, while also fighting multiple legal battles with state gambling regulators and pushback from some sports leagues.

“The NCAA vehemently opposes college sports prediction markets,” NCAA president Charlie Baker said in a statement to ESPN. “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 not follow any rules of legitimate sports betting operators.”

Kalshi prohibits users with material nonpublic information from trading and says it has “extensive surveillance systems, both in-house and third-party, that monitor for suspicious activity.” Kalshi also has a partnership with Integrity Compliance 360, a firm that monitors the betting market for abnormalities. Kalshi said it will refer cases to the CFTC for enforcement if it detects prohibited activity.

Gambling industry trade site Ingame.com first reported Kalshi’s filing with the CFTC.

Prediction markets allow users to trade on the yes/no outcomes of events, including sports. They operate under the oversight of the CFTC, which gives them access to all 50 states. In contrast, traditional sportsbooks are regulated by states and can operate only within the jurisdictions that have passed sports betting laws. Sportsbook Fanatics has launched a prediction market, and DraftKings and FanDuel have announced their plans to enter the prediction market space.

The NCAA and NFL have criticized prediction markets for the types of markets they offer. The NHL and UFC, however, have partnered with prediction market companies such as Kalshi and Polymarket.

The NCAA transfer portal for football is open for two weeks in January. The transfer portal window for men’s basketball is open for roughly a month, from late March through mid-April.



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UFC 326 takeaways: Is this the end of the BMF title?

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UFC 326 takeaways: Is this the end of the BMF title?



The BMF legacy is used to a certain type of fight that Holloway vs. Oliveira just didn’t bring.



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McKendree wins inaugural NCAA women’s wrestling team title

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McKendree wins inaugural NCAA women’s wrestling team title


CORALVILLE, Iowa — Yu Sakamoto beat Riley Rayome of North Central (IL) 4-3 to win the 117-pound crown and clinch the team title for McKendree on Saturday night at the inaugural NCAA women’s wrestling championships.

After a wild scramble in the final seconds, a challenge by North Central and a review, Sakamoto’s win gave McKendree a 167-166 lead over Iowa — which finished with three individual champions and a runner-up but had no remaining competitors with two matches remaining. The Bearcats finished with 171 points and third-place North Central had 123.5.

Grand Valley State’s Katerina Lange, the No. 1 seed, beat second-seeded Claire DiCugno of North Central 4-1 to claim the 138-pound title and become the first women’s wrestling national champion.

North Central’s Bella Mir won at 145 pounds, beating No. 1 seed and former teammate Reese Larramendy of Iowa in the first round to avenge her only regular-season loss. The second-seeded Mir — an Iowa transfer and the daughter of former UFC heavyweight champion, Frank Mir — reversed a takedown attempt, immediately rolled and pinned Larramendy with 34 seconds left.

Iowa’s Valarie Solorio, the No. 2 seed, beat fourth-seeded Rayana Sahagun of Grand Valley State by technical fall in the second round to win the 103-pound title. Sahagun beat No. 1 seed Heather Crull on criteria (7-7) in the semifinals.

Lehigh’s Audrey Jimenez pinned Sage Mortimer of Grand Valley State just 1:19 into the first round to claim the crown at 110 pounds.

Quincy’s Xochitl Mota-Pettis won at 124 pounds, beating Shelby Moore of McKendree by technical fall (10-0) in the second round.

Cameron Guerin of McKendree beat Alexis Janlak of Aurora on criteria (5-5) to win the championship at 131 pounds in the final match of the night.

Iowa’s Kennedy Blades, the No. 1 seed, pinned third-seeded Tiffani Baublitz of East Stroudsburg in 1:19 to claim the 160-pound crown.

Iowa’s Kylie Welker outscored Destiny Rodriguez of McKendree 11-0 in the first round to win the 180-pound title by technical fall.

McKendree’s Tristan Kelly beat Sabrina Nauss of Grand Valley State by technical fall (11-0) in the second round to secure the national championship at 207 pounds.



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White House UFC event to be headlined by Topuria-Gaethje

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White House UFC event to be headlined by Topuria-Gaethje


A collage showing UFC fighters Justin Gaethje (left) and  Ilia Topuria. — AFP/Reuters/File

WASHINGTON: An Ultimate Fighting Championship event to be staged on the White House’s South Lawn in June will be headlined by Ilia Topuria and Justin Gaethje, the UFC announced Saturday.

The lightweight championship clash will top a bill of six fights set to take place on the US Flag Day holiday and the 80th birthday of President Donald Trump, who is an avowed UFC fan.

The June 14 event has been dubbed “UFC Freedom 250,” in reference to the United States’ 250th anniversary celebrations this summer.

Topuria is one of the UFC’s top-rated fighters and a double-weight champion who has won all 17 of his fights.

A former featherweight champion, he earned the lightweight belt last year by knocking out Brazil’s Charles Oliveira before temporarily stepping away from the sport for personal reasons.

Born in Germany to Georgian refugee parents, Topuria moved to Spain as a teenager, and has both Georgian and Spanish citizenship.

In Topuria’s UFC absence, Arizona native Gaethje won an interim lightweight title, but will now have a chance to capture the undisputed championship.

The 37-year-old American has a 27-5 record in UFC.

Trump has said a stadium for more than 100,000 people would be constructed in front of the White House for the fight, although organisers have since said the event is expected to host some 3,000 to 4,000 people at the heart of Washington DC.

Large screens to view the event are expected to be raised in other places near the White House for larger crowds to watch the show.

The event was originally announced for July 4, which is Independence Day in the US, before being moved to Trump’s birthday.

The Republican president has also unveiled plans for an IndyCar race on the streets of Washington to mark the 250th anniversary of the country’s independence.

UFC is the largest and most successful organisation in the burgeoning world of MMA, a blend of martial arts disciplines like jiu-jitsu, kickboxing, boxing and wrestling.

Bouts take place in an eight-sided ring — dubbed “The Octagon” — bounded by a chainlink fence.

With few exceptions — such as eye-gouging — male and female fighters are allowed to employ almost any technique to attack their opponent.

The sport’s popularity with young men — a key demographic in the 2024 US election — and Trump’s long association with the UFC have made the president a regular fixture at some of its more high-profile events, where he is greeted like a rock star.

Its brutal nature and high injury rate mean the sport is controversial, with doctors decrying the potential for brain damage amongst fighters who are repeatedly hit in the head, though it has gained increasing mainstream acceptance in recent years.





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