Kalshi Threatens Netflix With Defamation Suit Over “Misleading” Prediction Market Doc Trailer

Trending 1 hour ago

Kalshi threatened Netflix pinch a defamation suit complete a caller trailer for nan upcoming documentary The Prediction Games, premiering Sunday connected nan streamer.

Following a tribunal bid requiring nan prediction marketplace app artifact sports-related markets successful Nevada, Kalshi’s lawyers sent Netflix a cease-and-desist complete footage from nan trailer showing traders celebrating their Kalshi net from nan caller World Cup final, while partying successful Las Vegas.

The letter, which was obtained by CNN, claims Netflix’s trailer contains “misleading statements portraying trades being made connected Kalshi successful usurpation of a tribunal order,” to which nan app says it is complying aft a lawsuit brought by nan Nevada Gaming Commission.

In response, Netflix told nan outlet that though nan arena was filmed past play successful Sin City, nan astir salient waste and acquisition depicted successful nan trailer was placed successful 2025, agelong earlier nan tribunal order.

“The featured trader, pinch nan trades connected Spain, showed america a screenshot of his stake that was made successful May 2025, anterior to immoderate Nevada tribunal order,” a Netflix spokesperson told CNN.

Kalshi, whose CEO Tarek Mansour appears successful nan doc, further claimed that nan screenshot was “fabricated,” noting that it includes position for illustration “bet slip,” which do not look connected nan site, which avoids utilizing gambling terms.

While Kalshi isn’t legally considered a gambling platform, arsenic nan app is regulated for illustration commodity trading, aggregate states person revenge lawsuits to enforce gaming laws.

More
Source deadline.com
deadline.com