COINDESK · 2026-10-26 16:00 UTC

NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks

NBA signed a data-sharing agreement with the CFTC and partnerships with prediction market platforms Kalshi and Polymarket, joining MLB and NHL in formalizing sports betting arrangements. NFL rejected similar prediction market deals and sided with states in a Supreme Court filing, arguing CFTC oversight is inadequate compared to state gaming authorities. The deals include safeguards against insider trading and fraud, as prediction markets face legal challenges from states contending such betting should fall under gambling laws.

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