Kalshi said it removed its affiliate badges from X earlier this week after the platform barred paid partnerships with accounts sharing gambling and sports betting content. The company said users had mistaken badges for official endorsements and that monitoring the programme had become difficult.
Kalshi’s removal ends its affiliate badges on X after the platform barred paid gambling-content partnerships.
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Genius Sports raised its 2026 revenue forecast to $1.015bn-$1.035bn and adjusted EBITDA guidance to $287m-$297m, following Q3 partnerships with Kalshi and Polymarket. The company reported Q3 revenue of $269.9m and adjusted EBITDA of $87.1m, while its year-to-date net loss was $147.9m; CEO Mark Locke said the business was benefiting from its combined scale after acquiring Legend.
Genius Sports has lifted its expectations for revenue and EBITDA in 2026. Leadership expects 2026 revenue between $1.015bn and $1.035bn, with adjusted EBITDA between $287m and $297m.
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.”
Sportradar reported that US revenue rose 47% year on year to €98m in Q3 2026, which the company attributed partly to growing demand from prediction-market businesses. Chief executive Carsten Koerl said the impact of states excluding markets was not material to the company, citing contract terms that restrict content use where those products cannot be offered.
U.S. revenue rose 47% to €98m ($109.7m) in Q3 2026, against Q3 2025. Growing work in the prediction markets industry fueled the 47% year-over-year increase in Sportradar’s U.S. revenue in Q3. CEO Carsten Koerl said he does not worry about more states excluding sports event contracts.
Prediction-market platforms were trading contracts on control of the US House and Senate during the 3 November midterm elections, according to the report. It cited Kalshi and Polymarket prices at 10:32 a.m. ET and said no results had been reported by then. The report also described third-quarter figures from Robinhood, including $173 million in event-contract revenue and 16.4 billion contracts traded.
Kalshi and the Philadelphia 76ers entered a multi-year partnership, reportedly announced on 2 November 2026. The agreement includes postgame SEPTA rides for fans who attended the team’s game against the Knicks on 30 October, alongside fan-engagement activities.
The Philadelphia 76ers and Kalshi have reportedly entered a multi-year agreement that makes Kalshi an official partner of the team.