By The Weekly Edge desk ·
Kalshi began taking sports and political markets offline in Washington State, SBC Americas reported. The outlet linked the sports shutdown to a court order.
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.
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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.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.