Kalshi Partners With Genius Sports for Official Sports Data

Richard Janvrin
By: Richard Janvrin
Industry
Kalshi Partners With Genius Sports for Official Sports Data

Photo by Flickr

Key Takeaways

  • Kalshi has partnered with Genius Sports for official sports data and integrity services
  • The deal covers soccer competitions including the Premier League, Serie A, Liga MX, and Ligue 1
  • Kalshi will use Genius Sports data to help settle sports prediction market contracts

Shortly after signing a deal with Polymarket, one of the top prediction market platforms, Genius Sports has inked another deal with Kalshi, arguably the most well-known prediction market in the United States. 

The deal will include official sports data, marketing, and integrity services for Kalshi. According to a press release from Kalshi, Genius Sports will provide Kalshi with the " highest quality, real-time data across its full soccer portfolio. This includes the English Premier League, Serie A, Liga MX, Argentine Primera División, French Ligue 1 and more."

Kalshi says that by using their data "as a consistent source of truth to settle sports prediction market contracts," they hope to improve transparency. 

Kalshi Adds Official Data and Integrity Services

As a result of this partnership, Genius Sports' stock went up by almost 3% to $8.30 per share. This was after a 14.3% increase following the Polymarket deal. 

“As the prediction market ecosystem continues to expand at a rapid pace, the use of official data and integrity services is more important than ever,” said Adam Barrick, Head of Sports Partnerships at Kalshi. “We’re proud to partner with Genius Sports, with their proven track record in providing the highest quality sports data and working alongside leagues to protect the transparency of sporting competitions.”

Kalshi Joins Genius Sports Information-Sharing Process

Also similar to Polymarket, Kalshi will participate in Genius Sports' established information-sharing process and will restrict certain market types. 

“Prediction markets will scale on a foundation of trusted, fast and accurate data, reliable technology and robust integrity services, and that is exactly where Genius Sports is uniquely positioned,” said Sean Conroy, EVP of Rights & Partnerships, at Genius Sports. “This partnership with Kalshi demonstrates how we can provide the essential technology layer that enables accurate and transparent sports markets. As this category grows, we believe Genius Sports will play a central role in shaping its development while helping protect the integrity of sports.”

Richard Janvrin is a graduate of the University of New Hampshire. He started writing as a teenager before breaking into sports coverage professionally in 2015. From there, he entered the iGaming space in 2018 and has covered numerous aspects, including news, reviews, bonuses/promotions, sweepstakes casinos, legal, and more.

More From Richard Janvrin
Richard Janvrin
Add as preferred source Casino.com on Google Your #1 casino news source

Stay updated with the latest in Casinos, Gambling & Gaming

Follow Casino.com for breaking news, features, expert guides, responsible gambling advice, legal updates & financial insights.

Related News

see more