sports contracts
Coverage of sports contracts in the Nexus archive.
- Kalshi in early IPO talks with investment banks: report
Kalshi, a prediction market platform, is in early discussions for an IPO with investment banks after achieving $2 billion in annualized revenue. The company is exploring a public listing amid increasing legal scrutiny of sports contracts.
- Polymarket pushes for broader US relaunch with CFTC talks: Report
Polymarket is engaging in discussions with the CFTC to expand its US operations following a 2022 regulatory settlement. The platform previously launched a limited US service in December 2025, focusing on sports betting contracts.
- Citadel Securities president says firm could enter prediction markets, eyes non-sports use cases
Citadel Securities president suggests the firm may explore prediction markets, focusing on non-sports applications such as hedging geopolitical risks. The firm has no interest in sports contracts but sees potential in using prediction markets for risk management.