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Crypto Regulation

NBA Names Kalshi, Polymarket Preferred Prediction Market Exchanges

The NBA designated Kalshi and Polymarket as its “preferred prediction market exchanges,” granting both access to NBA intellectual property, U.S. marketing rights and official Sportradar data for operating and settling NBA-related markets. DraftKings expanded its partnership to become an “authorized prediction market operator.” The league also signed a memorandum of understanding with the CFTC covering cooperation and information sharing, alongside an integrity framework barring league and team personnel from trading NBA event contracts.

Original source

AI take

The league's endorsement effectively turns prediction markets into an official, data-backed vertical rather than an unregulated sideline, and the IP and Sportradar access give Kalshi and Polymarket a structural edge over venues without league blessing. The CFTC MOU is the more consequential signal: a major sports body is aligning its integrity rules with a federal regulator, which could become a template other leagues copy. The insider-trading bar on league and team personnel is a notable integrity concession worth watching for enforcement. Whether other leagues follow, and how the CFTC treats these arrangements, is the open question.

Generated by AI for reference only.

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