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NBA Partners With Kalshi, Polymarket For Prediction Markets

🇺🇸 United States · Economy · 4 h ago
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26.10 09:34 UTC
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Integrity Details Announced as NBA, Kalshi and Polymarket Agree to Deal
Independent sources: 7 · Bleacher Report, ClutchPoints, Bitcoin.com News
The NBA announced Monday it reached deals with prediction market platforms Kalshi and Polymarket, according to Tim Reynolds of the Associated Press.
Independent sources: 7 · Bleacher Report, ClutchPoints, Bitcoin.com News
Per Reynolds, the agreements offer the NBA transparency into suspicious trading by users of the sites and ban team and league employees from making NBA-related trades on the exchanges.
In tandem with that, the league and the Commodity Futures Trading Commission signed a Memorandum of Understanding focused on maintaining the integrity of the sport.
Additionally, the NBA is expanding its agreement with DraftKings, one of the league’s official sportsbook partners.
Independent sources: 3 · ClutchPoints, Bitcoin.com News, NBC News
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