On November 17, 2025, PrizePicks announced a significant partnership with Kalshi, a leader in prediction markets. This collaboration enables Kalshi to provide event contracts through the PrizePicks app, enhancing the reach of prediction markets across the United States. Customers can now make predictions on a diverse array of events, including sports and politics.
PrizePicks, having recently partnered with Polymarket, aims to leverage these alliances to broaden access to prediction-based offerings. This move aligns with the growing demand for alternatives to traditional sports betting.
According to the agreement, the PrizePicks app now supports predictions on Kalshi-listed markets in 38 states, including Washington DC. Key offerings include Team Picks, which focus on both short-term sports results, like match winners, and long-term outcomes, such as tournament and championship placements.
Moreover, these markets are now accessible in 15 states lacking regulated sports betting, enabling local fans to engage with sports-themed predictions.
Culture Picks is another exciting addition, allowing users to predict outcomes of non-sports events, such as award shows, movie releases, and political developments. This marks a significant expansion for PrizePicks, traditionally centered on sports.
The partnership with Kalshi not only broadens PrizePicks’ scope beyond fantasy sports but also benefits Kalshi by granting access to PrizePicks’ extensive user base. There is a clear opportunity to explore synergies between the two areas, as both fantasy sports and prediction markets audiences are introduced to new experiences. PrizePicks is thus addressing the needs of both sports fans and prediction market enthusiasts.
In a recent expansion, PrizePicks secured a license to offer its fantasy sports products in New York. This allows the company to tap into one of the nation’s most dedicated sports audiences. In response to the launch, Jason Barclay, the head of public policy and chief legal officer, emphasized the importance of adhering to New York’s stringent regulatory standards while providing safe and entertaining products.
This strategic move by PrizePicks comes at a time when the prediction markets are witnessing unprecedented growth. With regulatory environments evolving and consumer interest surging, the landscape is ripe for innovation. Industry insiders note that partnerships like these are crucial for companies aiming to stay competitive and meet the diverse needs of modern consumers.
However, some experts caution that the integration of prediction markets into mainstream platforms like PrizePicks must be executed carefully. They argue that while the demand is clear, maintaining regulatory compliance and ensuring user protection are paramount. Critics suggest that the industry must tread carefully to balance innovation with accountability, especially in states where gambling regulations are stringent.
Yet, proponents of the PrizePicks and Kalshi partnership believe that these ventures will ultimately democratize access to prediction markets, offering more people the opportunity to engage in predictive activities. They point out that these platforms can provide a fun and engaging way for fans to connect with their interests, whether in sports or cultural events.
As the market continues to evolve, the collaboration between PrizePicks and Kalshi stands as a testament to the changing face of prediction markets. By combining their strengths, both companies are poised to offer a richer, more diverse experience to their users. The future of prediction markets looks promising, with technology and innovation driving new ways for consumers to engage with the world around them.
The PrizePicks and Kalshi partnership is expected to pave the way for further developments in the sector. As more states consider regulatory changes and consumer interest grows, the prediction markets are likely to expand even further, creating new opportunities and challenges for companies involved.
Ultimately, the partnership between PrizePicks and Kalshi may serve as a blueprint for future collaborations in the industry, highlighting the potential of combining traditional fantasy sports with innovative prediction markets. As both companies continue to explore this new frontier, the impact on the gambling and entertainment landscape in the United States could be significant, offering fresh opportunities for engagement and profit.
David Garato is a luminary in gaming journalism, renowned for peeling back the curtain on the gaming world with his witty and insightful commentary. A decade into weaving stories from the pixelated edges of indie games to the expansive universes of AAA titles, David’s work is a thrilling blend of analysis and adventure. When not writing, he’s live-streaming, sharing his gaming exploits with an engaged and growing audience. David doesn’t just write about games; he lives them, making him a trusted guide in the gaming community.
