According to ChainCatcher, Kalshi CEO Tarek Mansour reports that the predictive trading platform Kalshi has entered the institutional sports risk hedging field, partnering with brokerage firm Game Point Capital to help teams hedge performance bonus expenses.
Game Point Capital reportedly issues hundreds of millions of dollars in sports insurance annually, primarily providing performance bonus insurance for teams and players. These policies help sports clubs alleviate the financial pressure from large contract bonuses triggered by milestones such as qualifying for the playoffs or winning a championship.
