NBA signs prediction-market agreements with Kalshi and Polymarket
Summary
The NBA announced agreements with Kalshi and Polymarket on 26 October to make them preferred prediction-market partners. The deals allow use of NBA marks and official competition data, while setting market limits, barring certain league and team personnel from trading, and requiring information-sharing on suspicious activity. The NBA also signed an information-sharing memorandum with the CFTC and expanded its existing DraftKings partnership to prediction markets.
Why it matters
Market limits, personnel trading bans and suspicious-activity sharing give operators and regulators safeguards as NBA prediction markets expand.
Cite as: SectorWire, “NBA signs prediction-market agreements with Kalshi and Polymarket”, https://sectorwire.news/item/nba-signs-prediction-market-agreements-with-kalshi-and-polymarket/