By The Weekly Edge desk ·
PlayUSA reported that Representative Josh Gottheimer introduced a bill requiring facial-recognition age checks for online sportsbooks and prediction markets. Kalshi chief executive Tarek Mansour supported the proposal, which has nine sponsors.
The proposed measure would require new age-verification technology for sportsbooks and prediction markets.
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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.