NBA agrees prediction-market integrity framework with CFTC, Kalshi and Polymarket
Summary
The NBA said agreements with the CFTC, Kalshi and Polymarket will establish a framework for NBA-related prediction markets. It said the arrangements include limits on permitted markets, a ban on trading by league and team personnel, and information-sharing related to investigations and suspicious trading. NBA media distribution and partnerships head Scott Kaufman-Ross said the league would work with regulators and operators on safeguards.
Why it matters
The framework sets trading restrictions and information-sharing arrangements for prediction markets linked to NBA events.
Cite as: SectorWire, “NBA agrees prediction-market integrity framework with CFTC, Kalshi and Polymarket”, https://sectorwire.news/item/nba-agrees-prediction-market-integrity-framework-with-cftc-kalshi-and/