Feed / Enforcement & compliance
By The Weekly Edge desk ·
Agimeg reported that New York sought at least $36bn in its lawsuit against Kalshi, filed on 31 July. The claim applies a proposed $100,000 penalty to each sports bet accepted from a New York account.
The lawsuit seeks substantial financial penalties for alleged unlicensed sports betting.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
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.