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Athletes Warn of Safety Threats from Prediction Market Users

By PulseAugur Editorial · [1 sources] ·

Athletes are facing increased harassment and threats from users of prediction markets, which are increasingly being used as an alternative to sports betting. Nneka Ogwumike, an 11-time WNBA All-Star, highlighted these safety concerns at the Fortune Most Powerful Women Summit, stating that prediction markets are not a safe space for athletes due to the vitriol directed at them. These platforms operate as financial exchanges, bypassing gambling regulations, and have seen record trading volumes, particularly with NFL and NCAA events. Studies indicate a significant percentage of college athletes, especially in men's basketball, experience social media abuse linked to betting on their games, with some receiving direct threats from bettors. AI

IMPACT Highlights potential harms of unregulated prediction markets and their impact on athletes, prompting discussions on safety and regulation.

RANK_REASON Athlete expresses concerns about prediction markets and their impact on player safety, drawing on studies and personal experience.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Athletes Warn of Safety Threats from Prediction Market Users

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Athlete expresses concerns about prediction markets and their impact on player safety, drawing on studies and personal experience.
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sasha Rogelberg ·

    Players are experiencing safety threats from ‘vitriol’ of prediction market users, 11x WNBA All-Star Nneka Ogwumike warns

    “It’s not a safe place for athletes,” Ogwumike, the president of the WNBA Players Association, told Fortune.

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