Feed / Enforcement & compliance
By The Weekly Edge desk ·
SBC Americas reported that Kalshi announced disciplinary measures on Monday, including a lifetime ban for former Congressman George Santos. The report said the ban concerned manipulation of a market about his attendance at an event.
Kalshi’s lifetime ban of Santos demonstrates participant exclusion as a disciplinary response to market manipulation.
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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.
Santos has lost access to Kalshi and his paid relationship with Polymarket.
Reported wash trading estimates and sports betting concentration put prediction platforms’ trading integrity and younger users under scrutiny.