Luana Lopes Lara, co-founder of US prediction market platform Kalshi, said the company is exploring a possible expansion into Brazil in 2026 in an interview with Valor.
New York-based Kalshi has been one of the biggest disruptors of 2025 in the gambling sector, causing a stir with its contracts on major events. Its detractors claim that its expansion into sports contracts circumvents state regulations on betting.
Despite the potential legal and regulatory risks, US betting giants DraftKings and FanDuel have followed in Kalshi’s footsteps, with the two market leaders both launching prediction market products earlier this month. Both partnered with CME Group to list their contracts.
