Riot Games, a subsidiary of Tencent, has recently held discussions with Kalshi and Polymarket regarding esports sponsorship collaborations.

BlockBeats news, September 11, according to Bloomberg, Tencent-owned Riot Games is the developer of popular video games such as League of Legends and Valorant. According to people familiar with the matter, the company recently discussed esports sponsorship cooperation with two major prediction market operators, Kalshi and Polymarket.

Riot Games spokesperson Joe Hixson said in an email: "Prediction markets are an emerging space that we are evaluating, with a focus on maintaining competitive integrity of events, the potential value to teams, the impact on fan experience, and alignment with our overall ecosystem goals."