By The Weekly Edge desk ·
iGamingToday reported that Kalshi added markets covering clinical trial results and FDA decisions. Users can trade on whether experimental medicines pass trials or obtain regulatory approval.
The new category extends Kalshi’s event contracts into pharmaceutical research outcomes.
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Linked through shared companies, regulators and people, or one step further through the graph.
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.
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
The agreements connect Genius Sports with two prediction market platforms.