By The Weekly Edge desk ·
PlayUSA reported a planned NCPG departure by the Nevada Council on Problem Gambling over the national organisation’s Kalshi partnership. Executive director Trey Delap cited concerns about harm to younger customers and differences over consumer protection.
The Kalshi relationship is costing NCPG support from a state affiliate.
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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.
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.