Genius Sports Supplies Data to Polymarket and Kalshi

Genius Sports has locked in agreements to provide official data, marketing tools, and integrity services to both Polymarket and Kalshi. The company finalized the contract with Polymarket on August 4 and followed up with a deal for Kalshi on August 5. By acting as the primary data supplier for both platforms, Genius Sports now sits at the center of the competing prediction market space.

The shift is already showing results for the supplier. In its second quarter earnings report released just one day after the final contract was signed, the company noted that prediction markets are beginning to add to its profit margins. This move signals that the firm views election and event betting as a significant growth area for its business.

For traders, this means these two platforms are now operating on a shared infrastructure for their sports data. It marks a push toward more standardized information across the prediction sector. Keep an eye on how these platforms use this data to compete as interest in event based trading continues to rise.