By The Weekly Edge desk ·
Polymarket draws more branded search interest in US prediction markets, Gambling Insider reported, citing Blask data. Kalshi leads trading volume and is narrowing the search gap.
Operators face differing competitive positions: Polymarket leads branded searches, while Kalshi leads trading volume and narrows the search gap.
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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.
JPMorgan’s estimate gives investors potential additional EBITDA from Genius Sports’ agreements with Kalshi and Polymarket.
The reported public view and opposition to several types of betting inform the debate over prediction market oversight.
The partnerships create commercial opportunities for tribal operators while legal disputes over sports event contracts remain unresolved.
Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands, PlayUSA reported.