By The Weekly Edge desk ·
CasinoBeats reported that FlightAware voluntarily dismissed its New York lawsuit against Kalshi. The complaint had alleged commercial misuse of FlightAware’s data and name in flight-cancellation contracts.
The withdrawal ends FlightAware’s reported lawsuit over Kalshi’s use of its data.
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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.