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NBA urges CFTC to impose safeguards on US prediction markets

Regulation

The NBA has urged the CFTC to introduce rules for US prediction markets, in a letter submitted during the agency’s consultation. Its proposals include identity checks, information-sharing on suspicious activity, restrictions for team personnel, limits on sensitive markets and a minimum participation age of 21.

The proposals could shape the rules governing prediction-market access and sports-related contracts in the USA.

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Regulation

NBA softens stance on prediction markets as CFTC backs event contracts

The NBA has shown a more open approach to prediction markets, with Kalshi and Polymarket executives invited to its Tech Summit during All-Star Weekend. Commissioner Adam Silver said the league is applying its player-investment rule to prediction markets, while the CFTC has said it will support the platforms in state lawsuits; the NBA has not formed a formal partnership with them.

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