FanDuel has discussed a deal with the upstart trading exchange Kalshi that would include various betting efficiencies, as reported by Front Office Sports. 

In recent months, prediction markets like Polymarket and Kalshi have exploded onto the scene. They allow gamblers to bet on just about anything, and that’s beginning to include loopholes to include some sports betting. It manages this through “sports events contracts”, rather than how FanDuel or DraftKings operate.

FanDuel currently hosts 12 million bettors, but has access to only 39 states in the US. Sports betting isn’t legal in the remaining 11 states, but Kalshi has a full run of all 50. Kalshi even managed to win the rights to provide political betting in court.

If the partnership takes hold, something that multiple sportsbooks are looking into with alternatives or setting up their own, it could change the gambling landscape. With access to the entirety of the US, companies like FanDuel can begin to drive towards even more growth, something tech companies of all flavors have been striving for in the last few years.