Tech

The NBA’s response to gambling scandals is to add more gambling partnerships

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 18:31:27 UTC.

Briefings

The NBA announced new prediction market partnerships with Kalshi and Polymarket, alongside a memorandum with the US CFTC, following a scandal where Jontay Porter pleaded guilty to conspiracy. The article highlights a sharp decline in the FTX Arena NFT marketplace, which dropped 99.66% from a February 2021 peak of $226 million, noting that sales last month reached $762,781. The NBA is expanding its DraftKings deal to include prediction markets and plans to announce further expansions with other partners soon.

Key points

• The NBA announced new prediction market partnerships with Kalshi and Polymarket, and signed a memorandum of understanding with the US CFTC to manage these relationships.
• The NBA expanded its DraftKings deal to include prediction markets and plans to announce additional expansions with other partners soon.

Context

The NBA is facing scandals after Jontay Porter pleaded guilty to conspiracy, prompting the announcement of new prediction market partnerships with Kalshi and Polymarket, as well as a memorandum of understanding with the US CFTC to manage these relationships.

Limitations

The article cites a sharp decline in the FTX Arena NFT marketplace, which dropped 99.66% from a February 2021 peak of $226 million, noting that sales last month reached $762,781. The specific date of the FTX Arena peak is not provided, and the article does not specify the exact date of the NBA's announcement or the date of Jontay Porter's plea.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 26/10/2026, 18:39:54 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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