The NBA’s response to gambling scandals is to add more gambling partnerships
From the bright minds that brought you FTX Arena and NBA Top Shot NFT maketplace (where sales last month dropped to $762,781, which is a 99.66 percent decrease compared to the February 2021 peak of $226,350,843), the NBA announced Monday that it has new “preferred” prediction market deals for Kalshi and Polymarket, as well as a memorandum of understanding with the US CFTC about how to manage the relationships. It also announced an expansion of its DraftKings deal to include prediction markets, and says that more expansions will be announced with others soon.
The NBA is already facing scandals after Jontay Porter pleaded guilty to conspiracy over a gambling and manipulation scheme in 2024, Malik Beasley is reportedly in negotiations over a plea deal on similar charges, while former player Terry Rozier and coach Chauncey Billups are under indictment on charges of allegedly rigging prop bets and participating in rigged poker games, respectively.
NBA Head of Media Distribution & Partnerships Scott Kaufman-Ross proclaims that “Protecting the integrity of the game is our top priority,” as it establishes its integrity framework for the Kalshi and Polymarket deal. Under the new arrangements, prediction markets will be able to use official league data and IP, while promising limitations on “permissible markets” and information-sharing on suspicious trades and investigations.
From the bright minds that brought you FTX Arena and NBA Top Shot NFT maketplace (where sales last month dropped to $762,781, which is a 99.66 percent decrease compared to the February 2021 peak of $226,350,843), the NBA announced Monday that it has new “preferred” prediction market deals for Kalshi…
Recent Posts
- EasyOptOuts data removal service review
- Hungryroot Coupon Codes: 30% Off This November 2026
- NZXT Discount Codes: 50% Off in November 2026
- FADU wants to take the CPU out of AI storage by putting the file system inside the SSD, but the proof won’t arrive until 2027
- Starlink users heavily surveilled by alleged Israeli spy firm — company served ads to geolocate users and spy on browsers and apps
Archives
- October 2026
- September 2026
- August 2026
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023