Kalshi Partners With Fox Corporation For Prediction Markets Data

Kalshi has entered into a partnership with Fox Corporation, integrating its prediction market data across several of the broadcaster’s platforms. The agreement covers distribution through FOX News Channel, FOX Business Network, FOX Weather and the FOX One streaming service, spanning both linear television and digital channels.

As part of the deal, Kalshi will work directly with Fox’s production and data teams to deliver real-time insights on major political, economic, weather, and cultural developments.

Real-time data positioned as alternative lens for news coverage

Kalshi sees this partnership as a way to extend the reach of its data beyond traders. According to the company, its forecasts are increasingly consumed by audiences seeking clarity around uncertain events.

“More people are watching Kalshi’s forecasts than trading them, which says a lot: our data effectively complements news and polls,” said Tarek Mansour, the company’s founder and CEO. “As misinformation grows more common, Kalshi offers accurate, unbiased data to help people better understand what’s going on in the world.”

Paul Cheesbrough, Tubi Media Group CEO, stated that prediction markets have “quickly become an essential data point” and highlighted the value of integrating live probability data into content delivery.

“By integrating Kalshi’s real-time data into our fast-growing streaming platform FOX One and across FOX News Media’s leading networks, we’re giving audiences both deeper insights and a more engaging way to follow the stories that matter most,” he said.

Nevada ruling restricts market access amid licensing dispute

The announcement comes during a period of legal tension for Kalshi across several US states. In Nevada, a judge has extended restrictions that prevent the company from offering event-based contracts to residents without a gaming licence.

According to Reuters, Judge Jason Woodbury granted a preliminary injunction requested by the Nevada Gaming Control Board. The order blocks Kalshi from continuing to offer contracts on sports and other events unless it complies with state licensing requirements.

Federal court backs Kalshi in dispute with New Jersey regulators

In contrast, Kalshi secured a favourable decision at the federal level in its dispute with New Jersey regulators. A panel of judges at the US Court of Appeals for the Third Circuit ruled 2-1 that the company’s sports-linked contracts fall under federal oversight.

The court determined that these markets are subject to regulation by the Commodity Futures Trading Commission, rather than state gambling authorities. This decision limits the ability of individual states to block Kalshi’s offerings. 

The ruling marks a key development in an ongoing legal battle that has stretched over a year.