NBA Strikes First Prediction Market Partnerships with Kalshi, Polymarket, DraftKings

Geoff Zochodne - Sports Betting Journalist at Covers.com
Geoff Zochodne • Senior News Analyst 15+ years betting experience
Updated: Oct 26, 2026 , 10:55 AM ET • 2 min read

The National Basketball Association joins the MLB and NHL in forming a business relationship with the federally regulated exchanges.

Photo By - Reuters Connect. A view a Wilson NBA basketball and logo during the game between the Mavericks and the Spurs at the American Airlines Center. Jerome Miron-Imagn Images

The NBA is officially getting into business with prediction markets.

The professional basketball league has now partnered with Kalshi and Polymarket, two well-known prediction market operators, according to press releases sent out Monday. The NBA has also extended a previous relationship with DraftKings to include the latter’s prediction market platform. 

“Today, Kalshi is becoming a Preferred Prediction Market Exchange of the NBA,” the company said in a press release. “Our partnership will bring official NBA data to Kalshi’s basketball markets and establish direct collaboration with the league on market integrity, consumer protections, and athlete safety.”

The partnerships could be viewed as a vote of confidence in the sports-related business of prediction markets, which is being challenged in court across the U.S. It also means that the NBA has now joined the MLB and NHL in forming prediction market partnerships. 

Monday’s prediction market news coincided with the federal regulator, the U.S. Commodity Futures Trading Commission, announcing it has signed a memorandum of understanding (MOU) with the NBA “intended to protect the integrity of professional basketball in prediction markets.”

“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,” CFTC Chair Michael Selig in a press release. “I thank NBA Commissioner Adam Silver for putting the integrity of professional basketball and America’s financial markets first and for working with the CFTC on this MOU.”

The NBA previously voiced some concern about sports-related prediction markets, namely that proposed rules from the CFTC “did not incorporate many of the integrity-related protections and requirements” that the league previously recommended. 

The professional basketball league also wanted a certain degree of control over whatever is being offered to traders. 

“With respect to new markets in particular, we continue to believe that leagues are best positioned to determine which markets pose outsized integrity risks or are susceptible to manipulation,” the NBA’s submission said. “Accordingly, we believe that leagues should have control over the types of markets offered on their competitions and businesses.”

Monday's announcement suggests the league has managed to get more input into what prediction markets are offering. Kalshi said it and the NBA “will establish direct channels to share integrity data, report suspicious trading, and cooperate on investigations.

“The agreement includes restrictions on permissible markets and explicit prohibitions on league and team personnel trading NBA event contracts, reinforcing our rules against insider trading and manipulation,” the press release added. 

Nationally, naturally

Kalshi even quoted NBA Commissioner Adam Silver's preference for national rules (which is what prediction markets obey via the CFTC) rather than state-by-state ones (followed by online sportsbooks), in its announcement.

“Frankly, from at least the NBA standpoint, we have roughly 40 different jurisdictions regulating us right now,” Silver said. “So to have a consistent policy nationally, I think would be in our best interest.”

More to come.

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Geoff Zochodne, Covers Sports Betting Journalist
Senior News Analyst

Geoff has been writing about the legalization and regulation of sports betting in Canada and the United States for more than four years. His work has included coverage of launches in New York, Ohio, and Ontario, numerous court proceedings, and the decriminalization of single-game wagering by Canadian lawmakers. As an expert on the growing online gambling industry in North America, Geoff has appeared on and been cited by publications and networks such as Axios, TSN Radio, and VSiN. Prior to joining Covers, he spent 10 years as a journalist reporting on business and politics, including a stint at the Ontario legislature. More recently, Geoff’s work has focused on the pending launch of a competitive iGaming market in Alberta, the evolution of major companies within the gambling industry, and efforts by U.S. state regulators to rein in offshore activity and college player prop betting.

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