By The Weekly Edge desk ·
Kalshi faced further legal disputes in Connecticut and Montana, Gambling Insider reported in its weekly prediction markets roundup. The outlet also reported new market entrants, data partnerships and distribution agreements across the sector.
Kalshi faced further legal disputes in Connecticut and Montana as the sector added entrants, data partnerships and distribution agreements.
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The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.