CNBC · 2026-10-26 16:01 UTC

NBA enters prediction markets with Kalshi, Polymarket partnerships

The NBA partnered with prediction market platforms Kalshi and Polymarket as preferred exchanges, with integrity protections including limitations on contract types and suspicious trade monitoring. The league signed a memorandum of understanding with the CFTC to maintain integrity through information-sharing, following similar partnerships by the NHL and MLB. The partnerships face ongoing legal disputes with states arguing event contracts are sports betting subject to state regulation, while platforms and CFTC contend they are federally-regulated derivatives.

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