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Polymarket partners with Palantir and TWG AI to monitor sports contracts

Deals & M&A

Polymarket said it is working with Palantir and TWG AI to monitor trading in sports event contracts. The companies plan to use their Vergence AI system to identify and report suspicious activity, including possible manipulation, coordinated trading and participation by restricted users.

The monitoring partnership could change how Polymarket detects and escalates suspicious trading in sports event contracts.

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Regulation

Federal judge bars Kalshi sports contracts on suing California tribes’ lands

US District Judge Jacqueline Scott Corley granted a preliminary injunction in Blue Lake Rancheria v. Kalshi in California on Wednesday. The order bars Kalshi from offering sports contracts on the plaintiff tribes’ lands and requires the tribes to provide boundary maps by 13 November; Kalshi must report its compliance steps within 21 days.

A San Francisco federal judge has blocked Kalshi from listing sports event contracts on land belonging to the California tribes that are suing it. Judge Jacqueline Scott Corley, who sits in the Northern District of California, granted the tribes a preliminary injunction on Wednesday in the case Blue Lake Rancheria v. Kalshi.

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