ADI Predictstreet, the official “Prediction Market Partner” of the 2026 FIFA World Cup, has entered a strategic collaboration with US-based platform Kalshi to leverage its FIFA sponsorship rights more effectively. Under the agreement, Kalshi will utilize ADI Predictstreet’s World Cup partnership to expand its prediction market offerings and commercial activations around the tournament, aiming to…
When Giannis Antetokounmpo revealed in February that he had invested in prediction-market platform Kalshi, it looked like a headline-grabbing, one-off move. It wasn’t. A Quiet Build Before the Spotlight Long before Giannis went public, Kalshi had already attracted capital from multiple high-profile athletes. Their identities haven’t been disclosed, but the strategy is clear: elite sports…
The U.S. Court of Appeals for the Third Circuit ruled in favor of Kalshi in Kalshi v. Flaherty, holding that New Jersey regulators cannot enforce state gambling laws against the prediction market platform. The decision reinforces that the Commodity Futures Trading Commission (CFTC) holds exclusive authority over certain derivatives markets, including event contracts offered by…
Kalshi secured a key legal victory after a federal appeals court ruled that New Jersey cannot block the platform from offering sports event contracts while ongoing litigation continues. The decision from the U.S. Third Circuit upholds an earlier federal ruling and prevents the New Jersey Division of Gaming Enforcement from pursuing civil or criminal action…
A Nevada judge has temporarily blocked Kalshi from offering sports-related event contracts in the state, marking the latest flashpoint in an intensifying clash between regulators and prediction market operators. The ruling requires Kalshi to suspend its sports markets in Nevada until at least April 3, when a hearing will determine whether a preliminary injunction will…
Fox Corporation is in advanced negotiations with Kalshi over a wide-ranging partnership that could significantly expand the visibility of prediction markets across mainstream media. According to sources, the potential agreement would center on Fox’s news verticals—particularly Fox News and Fox Weather—while notably excluding Fox Sports. A media-driven expansion strategy Kalshi has already struck similar agreements…
Arizona has become the first U.S. state to bring criminal charges against prediction market platform Kalshi, accusing it of operating an unlicensed gambling business within state borders. Filed in state court, the case includes 20 misdemeanor counts against Kalshi and its trading arm, Kalshi Trading LLC. Authorities allege the company accepted wagers from Arizona residents…
In a significant shift for the prediction market landscape, Kalshi officially removed all affiliate badges from X (formerly Twitter) on Monday, February 23, 2026. The move comes as a direct response to a policy update from X that bans paid partnership content from accounts promoting gambling and sports betting services. X’s Policy Shift: The “Utopian”…
Major League Baseball commissioner Rob Manfred has signaled a major shift in the league’s stance toward high-stakes forecasting. During an owners’ meeting in Palm Beach, Manfred revealed that the league is considering formal partnerships with prediction market giants like Kalshi and Polymarket. This move follows the footsteps of the NHL, UFC, and MLS, all of…
Milwaukee Bucks superstar Giannis Antetokounmpo announced on Friday that he is officially partnering with the prediction-market service Kalshi as a shareholder. With this move, Antetokounmpo becomes the first active NBA player to invest directly in the company, which offers financial contracts based on the outcomes of sports, politics, and cultural events. A Strategic Partnership Beyond…
