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MLB Considering Partnering With Prediction Markets

Major League Baseball has formed a close relationship with gambling companies over the years, to a point that it has become integrated into the game day experience during broadcasts.

At the same time, MLB has also seen former Cleveland Guardians teammates Emmanuel Clase and Luis L. Ortiz indicted by prosecutors for their roles in an alleged scheme to rig bets on individual pitches thrown during games.

The United States Department of Justice charged each player with wire fraud conspiracy, honest services wire fraud conspiracy, conspiracy to influence sporting contests by bribery and money laundering conspiracy.

MLB is not alone in this regard, as the NFL and NBA have also had their own gambling scandals.