By The Weekly Edge desk ·
Kalshi requested emergency relief from the Second Circuit against New York gambling-law enforcement, iGaming Today reported. The attorney general had agreed to pause enforcement only until 30 July.
The request seeks to extend Kalshi’s protection beyond the state’s temporary enforcement pause.
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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.