Why has the NBA chosen to work with prediction market operators, CFTC?
Photo: SBC Americas
KEY TAKEAWAYS The NBA announced partnerships with Kalshi and Polymarket, an MOU with the Commodity Futures Trading Commission (CFTC), and an extension of its sports betting deal with DraftKings to cover sports trading. The parties cited a desire to ensure sporting and trading integrity, and the league will also replicate its sports betting restrictions for sports prediction markets. The NBA follows MLB and the NHL in working together with prediction markets operators and the CFTC, while the NFL remains a cautious holdout. The NBA stepped firmly into the world of prediction markets on Monday.
Source: SBC Americas
