FlightAware Drops Legal Action Against Prediction Market Kalshi

FlightAware has officially withdrawn its lawsuit against Kalshi just one day after the legal filing was made. The conflict began when the flight tracking service challenged how the prediction market was using its data for event contracts.

Following the initial filing, Kalshi updated one of its event contracts. The platform now lists a Primary Source Agency as the entity responsible for verifying flight cancellation data instead of citing FlightAware directly.

This rapid resolution suggests that the two parties reached an agreement on how data should be credited. Investors in prediction markets are watching these developments closely to see how data sources will affect the future of event based betting contracts.