NBA becomes third league to sign CFTC prediction market pact, taps Kalshi and Polymarket

What happened: The CFTC and the NBA agreed to standards aimed at protecting the integrity of the game in relation to prediction markets. The NBA is the third league to sign such a pact, tapping Kalshi and Polymarket. Why it matters: The agreement places the NBA among leagues formalizing integrity standards with the CFTC for prediction markets, with Kalshi and Polymarket named as participants. Coverage: 3 outlets in 24h

The CFTC and the NBA agreed to standards aimed at protecting the integrity of the game in relation to prediction markets. The NBA is the third league to sign such a pact, tapping Kalshi and Polymarket.

The agreement places the NBA among leagues formalizing integrity standards with the CFTC for prediction markets, with Kalshi and Polymarket named as participants.