FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, Front Office Sports has learned.
FanDuel, owned by publicly traded Flutter Entertainment, is the bellwether of the U.S. sportsbook industry, which Kalshi has threatened to disrupt in recent months.
After winning the legal right to offer elections betting last year via suing the Commodity Futures Trading Commission (CFTC), in January Kalshi expanded into “sports events contracts,” including a high-profile partnership with the stock-trading giant Robinhood.
So far, Kalshi has offered relatively straightforward bets like futures and single-game moneylines (meaning outright winners), but industry sources say it’s only a matter of time until parlays, point spreads, over/under’s, and eventually player props are available.
