FanDuel eyes Kalshi partnership to enter prediction markets
FanDuel is reportedly in talks with Kalshi, a federally regulated prediction market platform, to explore a potential partnership that would allow the sportsbook giant to expand its reach across all 50 U.S. states.
According to Front Office Sports, the deal could bring new betting efficiencies, combining FanDuel’s sportsbook infrastructure with Kalshi’s event trading model. The move would enable FanDuel to tap into prediction markets, such as politics and pop culture, under the Commodity Futures Trading Commission (CFTC), avoiding some of the heavy state-level licensing and taxes tied to traditional sports betting.
For Kalshi, the partnership would open access to FanDuel’s 12-million-strong customer base and introduce advanced betting features like parlays and player props. However, Kalshi faces legal challenges in several states, where regulators argue it should follow the same rules as sportsbooks, a position Kalshi disputes.
While regulatory uncertainty remains, a recent statement from CFTC nominee Brian Quintenz suggests the commission is unlikely to impose new restrictions unless directed by courts or Congress. If finalised, the partnership could redefine how major operators engage with prediction markets in the US.
