Kalshi, the prediction market platform, has signed a multi-year global deal with Sportradar to make it the company’s official data and integrity provider. The agreement gives Kalshi access to official league feeds and live odds across major sports, plus surveillance tools — a move designed to push back against state regulators who call its contracts illegal betting.
What the deal covers
Under the partnership, Sportradar will feed Kalshi with official data directly from leagues, along with real-time odds. The platform also gets integrity monitoring tools meant to detect manipulation. For Kalshi, that means its users will see verified stats and prices for sports-based prediction contracts rather than scraped or third-hand numbers.
Sportradar already works with major U.S. sportsbooks and leagues. The company’s surveillance network is used by more than 100 sports federations globally. Now Kalshi gets the same infrastructure.
Why prediction markets need a data lifeline
Kalshi operates in a legal gray area. The platform lets people bet on everything from election results to interest rate moves, but when it comes to sports, several state attorneys general have argued its contracts amount to unlicensed gambling. New Jersey, Nevada, and others have sent cease-and-desist letters or opened investigations.
Kalshi has fought back by framing its products as regulated financial derivatives rather than wagers. The Sportradar deal reinforces that argument: using official league data and integrity tools looks more like a licensed exchange than a backroom bookie operation. The company hopes the partnership will help convince courts and regulators that it belongs in the same category as futures and options, not sportsbooks.
No quotes, but a clear strategy
The deal itself is a bet on legitimacy. By tying itself to an established sports data company with ties to leagues and regulators, Kalshi gains a layer of institutional credibility. It also gets a ready-made pipeline of live odds, which could help it launch new contracts faster — and with data that regulators recognize as legitimate.
Sportradar, for its part, expands beyond traditional sports betting into the prediction market space. That gives the company a new revenue stream and a foothold in a sector that could grow quickly if Kalshi wins its legal fights.
Neither company disclosed financial terms. A spokesperson for Kalshi declined to comment on pending litigation, and Sportradar did not respond to a request for additional details.
What happens next
Kalshi will begin integrating Sportradar’s official feeds and odds into its platform in the weeks ahead. The company faces a hearing in front of the Commodity Futures Trading Commission later this year over whether its sports contracts fall under commodities law or state gambling statutes. The outcome could determine whether the partnership pays off — or becomes moot.
