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NBA becomes third league to sign CFTC prediction market pact, taps Kalshi and Polymarket

Sport · First reported 26 Oct, 15:59 · Updated 19:06

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The NBA entered an information-sharing arrangement with the CFTC and named Kalshi and Polymarket preferred exchanges. The agreements include measures concerning market integrity, while the NFL has opposed this approach.

  • The NBA agreed to share information with the Commodity Futures Trading Commission about prediction markets; the report describes it as the third major league to establish such an arrangement, after MLB and the NHL.
  • The NBA also partnered with Kalshi and Polymarket as preferred exchanges. Kalshi said the arrangement provides for sharing integrity data, reporting suspicious trading and cooperating on investigations.
  • The NFL has opposed the arrangement, arguing that prediction-market platforms lack the regulatory oversight provided by state gaming authorities.
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