Kalshi and Sportradar Announce Major Prediction Markets Deal
Data provider Sportradar has announced a major supply deal with prediction markets giant Kalshi.
Sportradar will provide premium sports data to Kalshi across multiple markets, including the NHL and NBA. The provider has already been a major player in America’s regulated sports betting sphere.
However, Sportradar is now celebrating the opportunity to “shape and power” the emerging prediction market industry.
At a Glance:
- Multi-year deal sees Sportradar supply Kalshi with content across major U.S. sports
- Supply of real-time official sports data will improve “customer experience,” says Kalshi
- Package includes Sportradar UFDS AI, which detects match fixing and suspicious betting
- Deal comes as Kalshi seeks to end regulatory battles with states
- Prediction markets enduring a torrid time on multiple battle fronts
'Emerging sector' of prediction markets attracts Sportradar
Sportradar has been operating for more than 25 years as a key data supplier to online sportsbooks and gambling sites.
Some of the earliest sports betting pioneers, such as bet365 Sportsbook, have long relied on Sportradar’s data to help shape their odds. Plus, they provide customers with a ready-made live results portal.
Sportradar is now moving into the booming prediction markets industry, with a clear eye on the potential for customer-led odds making.
“Prediction markets represent a compelling growth engine for the global sports ecosystem, and Sportradar is uniquely positioned to shape and power this emerging sector,” said Sportradar CEO Carsten Koerl in a statement.
“Our partnership with Kalshi extends the reach of our premium sports data and services into a rapidly evolving landscape, fostering collaboration with market makers and the broader marketplace.”
Kalshi launches perpetual futures as business grows
At the end of May, Kalshi launched perpetual futures contracts. They don’t resolve at $1.00, like regular event contracts. Instead, perpetuals track markets and pay out as prices on crypto and other commodities go up and down.
“Prediction markets were the first chapter. They proved the model: people want to trade their convictions,” said Kalshi CEO Tarek Mansour.
“Perpetual futures are the next chapter. They remove a constraint. If a prediction market is a photograph of what the world thinks right now, a perpetual is a film — continuously updated, never ending, always present.”
Additionally, Kalshi was valued at $22 billion in May following a major fund injection. The valuation rose from $6 billion 12 months ago, a rise of over 300%.
Kalshi’s battles with the states continue
Kalshi’s stock value and its introduction of new tools show the company is not going away. However, it’s fair to say that Kalshi has had a busy 2026 as it fights battles on multiple fronts.
Prediction markets like Kalshi and Polymarket in the U.S. are being targeted by state regulators seeking to impose regional laws.
Kalshi is fighting back with the Commodity Futures Trading Commission (CFTC) on its side. Earlier this month, Kalshi sued Minnesota over its attempts to regulate the prediction site.
Ultimately, the Supreme Court will likely decide the future of prediction markets. For now, Kalshi is striving to provide the best possible platform for data-driven predictions.
