NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
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NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.
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NBA Embraces the CFTC on Prediction Markets as the NFL Fights It in Court
The agreement, which follows similar deals with MLB and NHL, establishes information-sharing to guard against insider trading as sports betting migrates to CFTC-regulated venues.