By The Weekly Edge desk ·
Macquarie expects prediction market taker volume to reach $187bn in 2026, EGR reported. The report cited Kalshi’s 63% share of sports event contracts in September and Sensor Tower figures showing DraftKings secured a double-digit share of app downloads.
Kalshi’s sports contract share and DraftKings’ app download share give investors measures of prediction market competition.
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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.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
Kalshi’s proposed rule would allow financial penalties, suspension or account deactivation for users harassing athletes or third parties over trading.
The forecast and sports share indicate the scale of a growing market in which established US bookmakers are seeking a larger presence.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.