NBA picks Kalshi and Polymarket as its favored prediction market exchanges
The NBA has chosen Kalshi and Polymarket as preferred prediction market exchanges, with integrity safeguards in place, according to Seeking Alpha.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
The National Basketball Association has changed its position on prediction markets and selected Kalshi and Polymarket as its preferred exchanges. The league filed a memorandum of understanding with the US Commodity Futures Trading Commission to formalize the designation, per Seeking Alpha.
The league also widened its deal with DraftKings to cover prediction markets and plans to add more sportsbook partners in the coming weeks. Under the agreement, the NBA can approve or reject any objectionable market, bars league and team staff from trading, and requires information sharing on investigations and suspicious activity.
why it matters
The NFL has not yet backed prediction markets and argues before the US Supreme Court that they should be regulated by states rather than the CFTC. How that dispute resolves could shape the rules for platforms like Kalshi and Polymarket. For investors, the signal is that major leagues are gradually accepting these markets, but under tight controls.
tags
instruments
sources
- NBA names Kalshi, Polymarket preferred prediction market platforms — Seeking Alpha, 26 October 2026 at 17:13 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗