Prediction market Kalshi has identified its own product as connected to gambling in a recent federal trademark filing, even as the company continues to publicly distance itself from sports betting.
In an application submitted to the US Patent and Trademark Office on November 10, Kalshi sought to trademark the term “prediction market.”
As part of this process, applicants must specify which industry their product falls into. Along with ticking the financial trading and exchange services boxes, Kalshi also referenced areas linked to gambling, including bookmaking information and the organization of betting-related competitions.
Kalshi spokesperson Elisabeth Diana told Sportico that their trademark approach was intended to be comprehensive.
