By The Weekly Edge desk ·
CasinoBeats reported that DraftKings and FanDuel are competing with Kalshi for sports bettors across the USA. The report said Kalshi now avoids describing its product using the word bet and referenced a Ninth Circuit opinion against the company.
DraftKings and FanDuel compete with Kalshi for US sports bettors as Kalshi avoids describing its product as a bet.
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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 agreements give three sportsbook operators NFL marketing rights and official data access while requiring cooperation on betting integrity and responsible gambling.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
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.