Feed / Enforcement & compliance
By The Weekly Edge desk ·
iGaming Business reported that New York took Kalshi to court seeking $36bn in damages. Separately, the NFL and other leagues urged CFTC to set minimum ages for sports-event trading.
The court action seeks substantial damages while leagues press for trading age standards.
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Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
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.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
The court-linked sports shutdown limits Kalshi’s market offering in Washington State.