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Six amendments have been submitted to Brazil’s provisional measure banning bets, including proposals to delay the prohibition.
The agreement expands Kalshi's presence in mainstream US election coverage after the prediction market operator previously secured integrations with CNN and the Associated Press.
The payment restrictions implement Provisional Measure 1,394 as Brazil moves to wind down its regulated fixed-odds betting market and return customer balances.
Sports wagering handle increased 8.7% year-on-year to $520.5m, while estimated state tax proceeds reached $11.2m under the 23% rate.
The US regulator is seeking to clarify which event contracts fall within the definition of a swap and where it would draw the boundary for casino-style gambling products.
DraftKings Chief Responsible Gambling Officer Lori Kalani and Fanatics Betting & Gaming VP of Government Affairs Brandt Iden both took part in the G2E discussion.
With bets set to disappear from Brazil next week, the Government is using WhatsApp to tell citizens to withdraw remaining balances before the deadline.
Brazilian football is closing ranks against the new betting ban with the Federal Supreme Court.
The Government has expanded its digital crackdown on illegal bets, targeting websites, social media accounts, apps and advertising across major online platforms.
Governor Mateus Simões announced state support for Atlético-MG, Cruzeiro and América-MG following the betting ban.
