Meta's Acquisition Talks with Kalshi Don't Progress
Meta reportedly explored acquiring prediction market Kalshi, but discussions with CEO Mark Zuckerberg did not advance beyond initial stages.
Meta reportedly looked into acquiring prediction market platform Kalshi, but talks stalled without any formal offers. According to Casino.org, Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour in 2025 to discuss the potential acquisition. However, the talks did not progress further.
Kalshi allows users to trade on predictions of real-world events, making it an attractive prospect for Meta as it seeks to diversify its portfolio and enter new markets. The UKGC, which oversees online gambling in the UK, has noted a surge in interest from tech giants aiming to explore the gambling space. Previously, the UKGC introduced stricter regulations for prediction markets, ensuring compliance with the same standards as traditional gambling operators.
"A spokesperson for Meta confirmed in a statement on 22 June that while discussions took place, they did not progress to any formal stage," Casino.org reports. The discussions underscore the rising interest in prediction markets as part of the evolving gambling ecosystem.
| Date of Meeting | Companies Involved | Outcome |
|---|---|---|
| 2025 | Meta, Kalshi | Talks didn't advance |
What this means for Kiwi casino players
For Kiwi casino players, the implications of Meta's interest in prediction markets like Kalshi could be noteworthy. As tech giants like Meta explore the gambling sector, players might witness innovative platforms entering the market. These new platforms could offer unique opportunities for betting on real-world events, potentially boosting competition and leading to better offers and services for punters in New Zealand. However, players should keep an eye on regulatory developments and ensure any new platform they engage with adheres to local regulations.
A broader context on the talks
While Meta's interest in Kalshi is intriguing, it fits within a larger trend of tech companies exploring the gambling industry. An analysis of the gambling M&A landscape from 2024-26 reveals that Entain has been particularly active, consolidating three brands in just 24 months. Meta's discussions, although not advancing, reflect a broader trend of diversification among tech companies. The £273,000 penalty might sound substantial, but it ranks 4th among 2026 penalties, showcasing the level of interest in this expanding market.
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