By The Weekly Edge desk ·
Gambling Insider reported that FlightAware withdrew its lawsuit against Kalshi one day after filing. Kalshi had removed the flight tracker’s name from contract-verification wording central to the dispute.
The withdrawal ends the filed legal challenge over FlightAware’s role in contract verification.
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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.