NBA partners with CFTC on prediction markets, NFL rejects regulatory arrangement

The National Basketball Association announced a data-sharing agreement with the U.S. Commodity Futures Trading Commission and partnered with Kalshi and Polymarket as preferred exchanges for event contracts. While other major leagues such as MLB and NHL have secured similar arrangements, the National Football League has rejected CFTC involvement, arguing that state gambling laws should govern such betting and that CFTC oversight is lax. The NBA's move comes as the CFTC faces ongoing legal battles with several states over the regulation of prediction markets.