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NBA memorandum with CFTC creates no binding obligations as Kalshi and Polymarket become preferred exchanges, iGaming Times reports
- NBA memorandum with CFTC creates no binding obligations as Kalshi and Polymarket become preferred exchanges, iGaming Times reports — iGaming Times reports the NBA has named Kalshi and Polymarket its Preferred Prediction Market Exchanges and expanded its agreement with DraftKings to cover prediction markets, with the exchanges receiving NBA intellectual property, marketing rights and Sportradar data in return for market limits, a personnel trading ban and information-sharing duties. The league's memorandum of understanding with the Commodity Futures Trading Commission creates no legally binding obligations and leaves information sharing at each party's discretion. (iGaming Times)
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