Kalshi LeBron futures test the NBA's stance on player markets

1 min read
Source: The Washington Post
Kalshi LeBron futures test the NBA's stance on player markets
Photo: The Washington Post
TL;DR Summary

Prediction markets have drawn over $245 million in bets on where LeBron James will play next, with Kalshi handling the majority and the Miami Heat as the frontrunner. The NBA has argued that such markets shouldn’t exist, highlighting a clash between betting markets and league policy.

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