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Kalshi Expands Cricket Prediction Markets to All US Users
Confirmed
In Short: Altcoinbuzz and CBS Sports agree that Kalshi’s cricket prediction markets are now available for trading, expanding the platform’s reach to all eligible US users.
Phantom, a crypto wallet, announced on October 28 that it has expanded Kalshi-powered prediction markets to all eligible US users, according to Altcoinbuzz. The move follows an initial rollout on October 23.
Altcoinbuzz reports that the expanded markets include Bitcoin price movements, sporting events, and elections. CBS Sports adds that Kalshi cricket prediction markets are now available for trading, catering to fans of one of the world's most popular sports.
Phantom’s published fee schedule lists a combined prediction fee of $0.02 per contract, comprising a $0.01 Phantom platform fee and a $0.01 Kalshi exchange fee, as detailed by Altcoinbuzz.
Each market on Kalshi includes a chat feature where users can exchange views as prices and implied probabilities change, Altcoinbuzz notes.
The integration is powered by Kalshi, a US-regulated prediction market exchange, allowing users to interact with event-based trading directly from their wallet interface without switching to a separate app, according to Altcoinbuzz.
CFTC staff previously issued conditional no-action relief concerning Phantom’s access model, allowing it to connect users with regulated markets without registering as an introducing broker, subject to stated conditions, Altcoinbuzz reports.
When a market resolves, Kalshi determines the outcome according to its published rules, Altcoinbuzz adds.
CommonWealth Beacon reported that the state’s highest court signaled Kalshi is “swimming upstream” in its attempts to do an end-run around state sports gambling regulations, highlighting the legal challenges the platform faces.
Briefs notes that the NBA has partnered with Kalshi and Polymarket to protect the integrity of the game, further emphasizing the platform's growing influence in the sports betting market.
What this adds
The expansion of Kalshi-powered prediction markets to all US users by Phantom represents a significant step in the integration of prediction markets into mainstream financial and betting platforms.
Background
Kalshi, a federally-regulated prediction market exchange, has launched cricket prediction markets for users in all 50 states, Washington, D.C., and U.S. territories.
The Argentina Football Association (AFA) has announced a new partnership with prediction market platform Kalshi for the FIFA World Cup 2026.
What's confirmed
- Scott Kaufman-Ross, who leads the NBA's media distribution and partnerships, said, "Protecting the integrity of the game is our top priority."
What's still developing
- How to use ChatGPT & Claude to research stocks like a pro India's Promotion and Regulation of Online Gaming Rules went into force at the start of May, sweeping prediction markets in with sports books and other gambling operators under one broad category of "online money games."
- Earlier this month, multiple news outlets reported that President Trump’s teleprompter operator has been placing profitable bets on Kalshi regarding the content of Trump’s forthcoming speeches.
- Kalshi is moving to end a program that pays traders for generating volume, nearly a year before it was scheduled to expire.
- By 2024, lobbying disclosures showed her firm had received $480,000 from Kalshi to advocate before those same regulators that contracts like those deserve federal protection.
- By Luke Adams | at October 27, 2026 10:11 am The NBA has reached a deal to partner with prediction markets Polymarket and Kalshi, the league announced on Monday, per reports from Mike Vorkunov of The Athletic and David Purdum of ESPN.
- Traders on Kalshi and Polymarket put the odds above 90% that Musk will cross $1 trillion in net worth before 2027 Elon Musk is being priced as near-certain to become the world's first trillionaire on prediction markets, with traders assigning better than 90% odds that he will cross the milestone before 2027 as SpaceX moves toward a public offering, according to CNBC.
- By: The Defiant Team • DeFi Trading runs through verified Kalshi accounts, while the wallet’s regional guide excludes Michigan, Nevada and Washington.
- Amid allegations of insider trading, bets on military operations, and deceptive marketing practices, some states are seeking to sue or ban prediction markets.
- And without oversight from Washington, DC, an increasing number of states are looking to take action as experts fear a wave of gambling addiction, facilitated by a surge in interest for betting on platforms like Kalshi and Polymarket.
- Prediction markets including Kalshi and Polymarket are facing mounting legal uncertainty as US federal and state regulators clash over whether the platforms should be treated as financial exchanges or gambling operations.
- The charges come after the U.S. Court of Appeals for the 10th Circuit ruled in August that federal commodities law did not preempt Utah’s authority to regulate Kalshi’s sports event contracts under state gambling laws.
- By joining forces with Polymarket and Kalshi, the league said it can better control what fans can bet: The NBA is further expanding its agreement with DraftKings and other sports betting partners to include prediction markets.