Exchanges· ★★· neutral·

Four Native American tribes launch prediction market apps with Kalshi

  • —Apps launched by the Alabama-Quassarte, Kletsel Dehe Wintun, Greenville Rancheria and Alturas Indian Rancheria tribes
  • —All four apps connect to Kalshi's national exchange
  • —Tribes own branding and marketing; Kalshi handles trading, custody and surveillance
  • —Tribal casino revenue topped $46 billion in 2025, but 9% of venues generate 56% of revenue
Why it matters: Prediction markets offer tribes a new revenue stream beyond casinos, expanding Kalshi's reach and legal betting in the US.
Source: TokenPost