NBA strikes deals with prediction markets, with eye on integrity and regulations

US ​regulators ‌and the ​National ​Basketball Association have ⁠signed ​agreement ​aimed at protecting “the ​integrity ​of professional basketball ‌in ⁠prediction markets,” the ​Commodity ​Futures ⁠Trading ​Commission. The agreements, are intended to provide “significant integrity protections for NBA-related markets,” including limitations on what can be offered on those exchanges, transparency when it comes to suspicious patterns by site users, and banning league and team personnel from making trades related to league events. The prediction markets will have “information-sharing obligations relating to investigations and suspicious trading,” the NBA said.