NBA Signs Prediction Market Deals With Kalshi, Polymarket

The NBA announced agreements Monday with Kalshi and Polymarket, making them the league's preferred prediction market exchanges. The deals give the NBA the right to approve which markets the companies offer on its games. Both companies already offered NBA markets and they can now use official league data to settle markets, use league and team logos and advertise during game broadcasts. Kalshi and Polymarket will also help the league identify suspicious trading, try to prevent insider trading and...