NBA Partners With Kalshi, Polymarket For Prediction Markets
The agreements include integrity protections and a Memorandum of Understanding with the CFTC. The NBA has announced partnerships with prediction market platforms Kalshi and Polymarket, marking the league's entry into the controversial industry. The agreements include a Memorandum of Understanding with the United States Commodity Futures Trading Commission (CFTC), ensuring regulatory oversight and integrity protections for NBA-related prediction markets. Kalsh and Polymarkets will be the NBA's Preferred Prediction Market Exchanges, receiving rights to use NBA intellectual property, marketing rights, and promotional activations across media channels in the US. They will also receive official NBA data from Sportradar to operate and settle authorized NBA-themed markets. The partnership comes amid ongoing legal challenges over whether trading on sports falls under state gambling regulators or federal jurisdiction.
Opublikowany : 4 godziny temu za pomocą w Sports Business
The NBA has announced partnerships with prediction market platforms Kalshi and Polymarket, marking the league's entry into this controversial industry. The agreements include a Memorandum of Understan... [2414 symbols]
Tematy: Basketball, NBA
