By The Weekly Edge desk ·
iGamingToday reported that Nevada’s problem gambling council ended its relationship with NCPG because of the national body’s Kalshi partnership. The Nevada council had opposed Kalshi through court filings and could not resolve the disagreement.
The split removes a state affiliate from NCPG’s network over prediction market policy.
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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.