Kalshi, a prediction market company, has partnered with sports insurance broker Game Point Capital to enter the institutional sports risk hedging market. This collaboration aims to offer sports clubs an alternative to the traditional over-the-counter reinsurance market, which is often characterized by high entry barriers and low transparency.
Kalshi, known for its contracts on financial, weather, and cultural events, has seen sports events become a major source of trading volume and revenue. Following the start of the 2025 NFL season, Kalshi's platform trading volume surged to approximately $441 million within the first four days. Game Point Capital, which underwrites hundreds of millions in sports insurance annually, primarily covers risks related to team and player performance bonuses, helping teams manage the financial impact of large payouts.
Kalshi and Game Point Capital Enter Institutional Sports Risk Market
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
