Kalshi accuses Netflix of ‘misleading’ viewers in new prediction market documentary
Kalshi says the trailer uses a fabricated trade slip and misleads viewers about Nevada betting, while Netflix says the shown screenshot was from 2025.
- On Friday, prediction market Kalshi threatened legal action against Netflix, claiming the trailer for its upcoming documentary "The Prediction Games" contains defamatory and "fabricated" content, according to a letter obtained by CNN.
- Kalshi claimed the featured screenshot was "fabricated" because it contained terminology like "bet slip" that never appears on its site, insisting its products are derivative swaps rather than gambling.
- A Netflix spokesperson said the featured $5,000 trade on Spain winning the World Cup occurred in May 2025, prior to any Nevada court orders restricting Kalshi from hosting sports markets.
- Judges in Nevada, Michigan and Washington have blocked some Kalshi activity, while a bipartisan coalition of more than 40 states argues these companies operate as unlicensed casinos.
- Despite the legal threat, Netflix is set to release "The Prediction Games" on Sunday, featuring interviews with Kalshi CEO Tarek Mansour and the CEO of rival Polymarket.
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Kalshi accuses Netflix of faking trades in documentary trailer, sends cease-and-desist
Credit: KalshiKalshi has sent a cease-and-desist letter to Netflix, arguing that a trailer for Netflix’s upcoming documentary on prediction markets is false and misleading because it depicts Kalshi trades being made in Nevada, where the company is currently barred by court order from offering those markets. “The trailer features both fabricated documents and false and misleading statements portraying trades being made on Kalshi in violation of a…
Kalshi Threatens To Sue Netflix Over New Documentary
The Hill reports: Prediction market Kalshi on Friday threatened legal action against Netflix unless the streaming giant agrees to take down a trailer for an upcoming documentary about prediction markets. In a cease-and-desist letter sent to Netflix on Friday, Kalshi’s head of litigation, Jovalin Dedaj, alleged that the trailer contains “false and misleading statements.” On Thursday, Netflix released footage from “Instadocs: The Prediction Games,…
TechCrunch
Kalshi demands Netflix take down trailer for ‘Prediction Games’ documentary
Kalshi claims the trailer is “defamatory” and contains “both fabricated documents and false and misleading statements.”
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