Kalshi and Polymarket have partnered with Genius Sports to add official league data and settlement services to their sports trading platforms, the companies said. Polymarket will also offer live sports streaming, and both platforms will share sports-market trading information with Genius Sports.
The partnerships provide leagues and governing bodies with access to trading activity for sports contracts.
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Genius Sports chief executive Mark Locke said prediction-market growth was accelerating benefits from its Legend acquisition. He cited customer-acquisition demand, official data and commercial agreements with Kalshi and Polymarket during the second-quarter earnings call.
It was reported that Genius Sports entered prediction markets through agreements with Polymarket and Kalshi. The move follows similar multi-year partnerships announced by Sportradar.
Genius Sports raised its full-year guidance after reporting a $10.4m operating profit for the three months to 30 September 2026, compared with a $25.6m loss a year earlier. Revenue rose to $269.9m, while net loss narrowed to $15.7m; the company attributed Media growth mainly to its acquisition of Legend.
Genius Sports lifted its full-year guidance for a third straight quarter. The company reported an operating profit of $10.4m, against a loss of $25.6m the year before.
Grandstand shares gained 20% in the week covered by the report after the company released its second-quarter results. Revenue fell 5% year on year to $37.8m, while Grandstand maintained its full-year revenue guidance of $165m–$170m and adjusted EBITDA guidance of $45m–$50m.
SCCG Management said its portfolio company Tater supplied data for a CNBC segment about US midterm election prediction markets. The chart showed a 74% probability for Democratic control of the Senate, compared with 87% implied by individual contracts, according to the company’s account.
Tater, described as a data and analytics platform for the prediction market, is a portfolio company of SCCG Management, which announced the firm appeared on CNBC's Closing Bell. The network's segment carried the title “Betting on the Midterm Elections,” and within it CNBC displayed a full-screen chart credited to Tater under the heading “Kalshi Traders and the Blue Wave.”