Feed / Enforcement & compliance
By The Weekly Edge desk ·
EGR reported that Kalshi agreed to introduce third-party location checks by 12 August to avoid daily penalties. The agreement followed NGCB allegations that it breached a court order.
The geofencing agreement addresses alleged noncompliance with Nevada’s court restrictions.
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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.
The Ninth Circuit upheld Nevada’s enforcement against Kalshi, rejecting federal financial regulation as protection from state gambling laws.
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