NBA partners with Kalshi, Polymarket as prediction markets face scrutiny

The NBA has partnered with Kalshi and Polymarket as its preferred prediction markets. This initiative includes a memorandum of understanding with the CFTC to ensure significant integrity protections. The agreements establish information-sharing obligations to detect suspicious trading patterns and prevent insider trading by banning league and team personnel from related trades. This move follows similar deals with MLB and NHL, aiming to secure NBA-related markets as sports betting migrates toward venues regulated by the federal agency.