Under the agreements, the two exchanges will limit which NBA markets they list, bar league and team staff from trading NBA event contracts, and share information on investigations and suspicious activity. In return, they gain NBA intellectual property and marketing rights for U.S. media, plus official league data supplied through Sportradar. The NBA has also widened its DraftKings partnership to include prediction markets and nationwide promotion.
Scott Kaufman-Ross, NBA Head of Media Distribution & Partnerships, said:
“Protecting the integrity of the game is our top priority. As this category develops, we believe it is important to work constructively with regulators and operators to help ensure that appropriate safeguards are in place.”
Michael Selig, CFTC Chairman, said:
“The NBA joins the MLB and NHL in taking a responsible step toward protecting sports integrity and market participants from abuses in prediction markets like insider trading and fraud.”
Ari Borod, President of Sports Business Development at Polymarket, said:
“The NBA is one of the most influential sports leagues in the world, and we’re excited to work together to bring fans closer to the game.”
The MOU sets out how the league and the regulator will cooperate and exchange data on NBA-related prediction markets.
