- Kalshi partners with Fox Corporation to provide prediction market data
- Data integration across Fox News, Fox Business, Fox Weather, and Fox One
- Sports data excluded initially, may be added in the future
- Existing partnerships include CNN and CNBC
- Legal battles ongoing across multiple U.S. states
Kalshi Expands Media Partnerships with Fox: Kalshi has entered into a partnership with Fox Corporation to integrate its prediction market data across multiple Fox platforms, according to a Kalshi released Tuesday. The agreement will bring Kalshi’s data to Fox News, Fox Business Network, Fox Weather, and the Fox One streaming platform. Kalshi has previously established similar data partnerships with networks including CNN and CNBC, expanding its presence across major news broadcasters.
The integration will allow Kalshi to work directly with Fox’s data and production teams, enabling real-time data access and visualization tied to political, economic, weather, and cultural stories. Kalshi stated that the collaboration aims to provide audiences with deeper insights and more engaging ways to follow key developments through data-driven reporting.
Sports Data Not Included Initially
Fox Sports was not included in the initial agreement. A Kalshi spokesperson confirmed that sports-related data is not part of the current deal but may be considered in the future.
The exclusion comes as prediction markets continue to face scrutiny over sports-related contracts. Some states have attempted to restrict such offerings, while certain professional leagues have raised concerns. The National Football League has recently asked Kalshi and Polymarket to scale back specific contract offerings. In contrast, the National Hockey League has signed multi-year licensing agreements with both platforms.
Legal Challenges Continue Across States
The Fox partnership comes amid ongoing legal challenges for Kalshi in multiple states. The company maintains that it operates as a federally regulated commodities exchange under the Commodity Exchange Act, asserting that its offerings override state laws. Earlier this week, an appeals court ruled that New Jersey does not have explicit authority over sports-related event contracts offered by entities regulated by the Commodity Futures Trading Commission, marking a legal win for Kalshi.
However, in Nevada, a state judge recently issued a preliminary injunction preventing Kalshi from offering sports, entertainment, and election-related contracts without a gaming license. Kalshi also noted that many users engage with its platform primarily to understand probabilities of real-world outcomes rather than to trade on specific events. Kalshi, which recently raised more than $1 billion at a $22 billion valuation, continues to expand its operations while navigating legal challenges across multiple states.
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