Kalshi Partners With 5 MLB Teams Amid Ongoing Legal Disputes - Poker News
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Amid the legal wrangling and controversy surrounding prediction markets, Kalshi announced partnerships with several MLB teams on Tuesday. State gaming regulators have argued that prediction markets offer illegal sports betting. But that hasn't stopped some leagues and teams from striking deals with the operators. The latest sees Kalshi ink multi-year brand partnerships with the Atlanta Braves, Boston Red Sox, Los Angeles Dodgers, San Diego Padres, and San Francisco Giants. The partnerships include in-stadium signage along with social, online, radio, and fan engagement. The Dodgers will include Kalshi-branded signage around the team's stadium and naming rights for the Gold Glove Bar, as well as giving fans access to special offers and exclusive on-site events. "The idea is that fans are already engaging with their favorite teams on Kalshi, so it only makes sense to extend that fandom to some of the most beloved baseball teams in America," Kalshi Head of Sports Partnerships Adam Barrick said. The move complements other prediction market deals involving Major League Baseball. The league partnered with Polymarket in March. The New York Mets were the first MLB team to strike a deal with a prediction market platform. They partnered with Novig in July. The agreements won't change the back-and-forth battle between some jurisdictions and the platforms. Earlier this month, New York...
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