Kalshi Partners With Brokerage Firm Game Point Capital to Enter Institutional Sports Risk Hedging Arena

BlockBeats News, February 13th, according to Kalshi CEO Tarek Mansour, the prediction trading platform Kalshi has entered the institutional sports risk hedging field, partnering with brokerage firm Game Point Capital to help teams hedge performance bonus payouts.

Game Point Capital issues billions of dollars in sports insurance annually, with its main business being to provide performance bonus insurance for teams and players. These policies can help sports clubs mitigate the financial pressure of large contract bonuses triggered by milestones such as qualifying for the playoffs or winning championships.

Analysis indicates that this partnership signifies a shift of the prediction market from retail betting to enterprise risk management, which will help sports teams manage financial risks related to coach/player contract incentives.