By The Weekly Edge desk ·
Gambling Insider reported that Wisconsin’s Elections Commission warned residents that trading election prediction contracts could expose them to felony charges if they vote in the same election. The warning concerns products offered by platforms including Kalshi.
The warning links election contract trading to potential voting restrictions and criminal charges.
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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.