CFTC and NBA sign MOU over prediction markets, NBA names Kalshi, Polymarket as "preferred" markets

The NBA sees Kalshi and Polymarket as its “preferred” prediction markets and has signed a memorandum of understanding with the CFTC to ensure all trading tied to its games are regulated, the league and the regulator have jointly announced. Two deals on the same day The announcements pair a commercial arrangement with a regulatory one. On the commercial side, Kalshi and Polymarket become the NBA’s main platforms for prediction market contracts on league events. Additionally, the NBA and the CFTC have agreed to share information and hold regular talks to help protect the integrity of basketball-related markets. CFTC Chairman Michael S. Selig said the agreement is part of the agency’s growing work with sports leagues.

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