The NBA’s response to gambling scandals is to add more gambling partnerships
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<p class="wp-block-paragraph">From the bright minds that brought you <a href="https://www.theverge.com/2022/11/30/23484331/ftx-explained-cryptocurrency-sbf-sam-bankman-fried">FTX Arena</a> and <a href="https://www.theverge.com/23153620/nba-top-shot-nft-bored-ape-yacht-club">NBA Top Shot NFT</a> 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 <a href="https://www.nytimes.com/athletic/7723134/2026/10/26/nba-kalshi-polymarket-agreement-prediction-markets/?">NBA announced Monday</a> 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 <a href="https://www.nba.com/news/nba-establishes-integrity-framework-and-commercial-partnerships-for-prediction-markets">also announced</a> an expansion of its DraftKings deal to include prediction markets, and says that more expansions will be announced with others soon.</p>
<p class="wp-block-paragraph">The NBA is already facing scandals after Jontay Porter <a href="https://www.theverge.com/2024/4/17/24133279/nba-bans-jontay-porter-sports-betting-gambling">pleaded guilty</a> to conspiracy …</p>
<p><a href="https://www.theverge.com/entertainment/1018818/nba-kalshi-polymarket">Read the full story at The Verge.</a></p>
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