Feed / Enforcement & compliance
By The Weekly Edge desk ·
PressGiochi reported that New York Attorney General Letitia James sued Kalshi. The complaint alleges that the prediction-market platform operated without required authorisation.
The lawsuit challenges Kalshi’s authority to operate in New York.
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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.