Kalshi and PrizePicks Launch New Prediction Market Partnership

ATLANTA, GA, Nov. 14, 2025 – PrizePicks, a leading sports entertainment operator in North America, has launched its prediction markets offering through its subsidiary, Performance Predictions II, LLC. This launch comes as part of a multi-year partnership with Kalshi, the world’s largest prediction market.

Mike Ybarra, CEO of PrizePicks, stated, “Expanding into prediction markets delivers on what our customers want, innovative products with more ways to play. Together with Kalshi, we will welcome new customers across many states to the PrizePicks experience, and we couldn’t be more excited about the opportunity ahead in this fast-growing space.”

Through this new integration, customers can now make predictions on various outcomes in sports, entertainment, and pop culture directly in the PrizePicks app. All event contracts listed on PrizePicks are part of Kalshi’s extensive library.

Tarek Mansour, co-founder and CEO of Kalshi, expressed enthusiasm over the launch, saying, “As of today, people will be able to access Kalshi’s prediction markets within the PrizePicks app. This is a game-changing moment, and we’re excited to be the first to fuel and supercharge the PrizePicks fan experience.”

The new prediction markets include Team Picks and Culture Picks, available in 38 states and Washington, D.C. Team Picks allow users to predict game results, while Culture Picks expand beyond sports to include events like award shows and major political outcomes.

PrizePicks recently became the first sports entertainment operator to register as a Futures Commission Merchant (FCM) by the National Futures Association (NFA). This registration enables the company to offer prediction markets in compliance with federal regulations.

Customers also benefit from responsible gaming tools including financial limits, timeouts, and voluntary self-exclusion programs. Furthermore, PrizePicks provides mental health resources through Kindbridge Behavioral Health, emphasizing its commitment to customer protection.

In 2025, PrizePicks earned accreditation for its Responsible Gaming practices from the National Council on Problem Gambling (NCPG), becoming the first fantasy sports operator to achieve this certification.

For more information on PrizePicks and Kalshi, visit their respective websites.