Four tribes launch prediction market apps in deal with Kalshi

Four Native American tribes in California and Oklahoma began offering prediction market apps on October 6, 2026, through partnerships with the event contract exchange Kalshi, according to Fortune, which cited a release provided by the company.

The apps are PokkeTrades, from Oklahoma's Alabama-Quassarte Tribal Town; Sovereign Edge, offered by the Kletsel Dehe Wintun Nation through its economic development arm, KEDA; Greenville, from Greenville Rancheria; and AIR Markets, from Alturas Indian Rancheria. Each tribe owns and markets its own app and deals directly with customers, while Kalshi matches trades, holds customer funds and monitors activity. All four route orders into Kalshi's national exchange.

The deals follow the debut of SaltTrade Derivatives by Louisiana's Tunica-Biloxi Tribe, the first such app from a tribe, less than a month earlier.

The moves break with broader tribal opposition to the sector. Kalshi is being sued by tribes including Blue Lake Rancheria in California, Wisconsin's Ho-Chunk Nation and New Mexico's Mescalero Apache Tribe, which argue its sports contracts infringe tribal gaming rights. Tribal casinos generated more than $46 billion in 2025, the National Indian Gaming Commission reported, though 9% of operations account for 56% of that total.

Kalshi and rival Polymarket are each valued above $20 billion.

This story was first reported by Fortune.