CFTC, NBA sign MoU on prediction markets; Kalshi and Polymarket named preferred platforms

The NBA's MoU with the CFTC formalizes a regulatory feedback loop that sports leagues have now established three times over, turning information-sharing into an expected baseline rather than a novelty. Naming Kalshi and Polymarket as preferred platforms is the more consequential signal: it effectively gives the league a say in which venues carry credible NBA markets, a soft endorsement that could shape liquidity and legitimacy in event contracts. Whether other leagues follow with their own preferred-platform designations — and how the CFTC treats that kind of private ordering — is the open question worth watching.