The renowned professional teams with the event contracts platform amid regulatory scrutiny.
Negreanu to stake fan into WSOP event as part of new collaboration.
Daniel Negreanu during WPT World Championship in 2022
Professional
poker champion Daniel Negreanu has entered a partnership with Kalshi, the
prediction market platform that allows users to trade on outcomes ranging
from sports to politics across 50 American states.
The
collaboration was announced today (Tuesday) by Kalshi CEO Tarek Mansour,
who described parallels between Negreanu's career journey and the
company's own path through regulatory challenges. Negreanu, known
as "Kid Poker," brings seven World Series of Poker (WSOP) bracelets
and over $56 million in tournament winnings to the partnership.
Tarek Mansour, the Founder and CEO of Kalshi
"Kalshi's
fight for prediction markets has followed a similar path," Mansour wrote
in announcing the partnership. "We have failed and been rejected more
times than I can remember, but we did not waver in our commitment to the
vision. Expand the world of financial markets, no matter the cost, no matter
the hardship".
For critics
and regulators, however, this may serve as fodder and an argument that Kalshi’s
binary event contracts are closer to gambling than to investing.
Gambling Concerns May
Shadow Kalshi and Negreanu Partnership
The tie-up
comes as Kalshi faces mounting scrutiny from state regulators who argue the
platform operates more like a gambling venue than a legitimate financial
market. Massachusetts Attorney General Andrea Joy
Campbell recently sued Kalshi for alleged illegal gambling operations,
with the state's Gaming Commission pushing for an injunction to remove
sports contracts from the market.
Critics
point to the selection of a poker professional as brand ambassador
as potentially reinforcing concerns about Kalshi's resemblance to gambling
operations. While Kalshi insists it provides "legitimate
hedging" similar to commodity futures markets, the platform's
public messaging regularly invites customers to "bet" on
outcomes.
Negreanu,
however, expressed enthusiasm for the platform's capabilities, tweeting:
"On Kalshi, you can trade on everything from Football to Politics to Pop
Culture — it's a game-changer and available in all 50 States!".
Billion-Dollar Battle
Intensifies
The
partnership announcement comes just a day after Kalshi's key partner Robinhood
filed federal lawsuits seeking
to block Massachusetts regulators from enforcing state gambling laws.
According to court documents, roughly $1 billion worth of Kalshi contracts
traded through Robinhood's platform during the second quarter alone.
"Sports
wagering comes with significant risk of addiction and financial loss and must
be strictly regulated to mitigate public health consequences," Campbell
stated when announcing the state's lawsuit against Kalshi.
Pennsylvania's
Gaming Control Board has argued that sports prediction markets operating under
federal oversight directly challenge states' authority to regulate gambling
within their borders.
In August,
Kalshi and Robinhood Markets faced
another federal lawsuit filed by the Ho-Chunk Nation, a federally
recognized tribal nation in Wisconsin that operates several gaming facilities
under a state compact permitting sports betting on tribal lands.
Negreanu's
involvement includes staking a fan into the WSOP Paradise Super Main
Event. The Canadian-born player, who moved to Las Vegas in his early twenties
after initially failing as a professional, eventually became the youngest
WSOP champion in 1998 at age 23.
The
company currently serves roughly two million users nationwide,
though regulatory challenges continue mounting in key states
where officials maintain that sports event contracts mirror
traditional sports betting without proper licensing or taxation.
Professional
poker champion Daniel Negreanu has entered a partnership with Kalshi, the
prediction market platform that allows users to trade on outcomes ranging
from sports to politics across 50 American states.
The
collaboration was announced today (Tuesday) by Kalshi CEO Tarek Mansour,
who described parallels between Negreanu's career journey and the
company's own path through regulatory challenges. Negreanu, known
as "Kid Poker," brings seven World Series of Poker (WSOP) bracelets
and over $56 million in tournament winnings to the partnership.
Tarek Mansour, the Founder and CEO of Kalshi
"Kalshi's
fight for prediction markets has followed a similar path," Mansour wrote
in announcing the partnership. "We have failed and been rejected more
times than I can remember, but we did not waver in our commitment to the
vision. Expand the world of financial markets, no matter the cost, no matter
the hardship".
For critics
and regulators, however, this may serve as fodder and an argument that Kalshi’s
binary event contracts are closer to gambling than to investing.
Gambling Concerns May
Shadow Kalshi and Negreanu Partnership
The tie-up
comes as Kalshi faces mounting scrutiny from state regulators who argue the
platform operates more like a gambling venue than a legitimate financial
market. Massachusetts Attorney General Andrea Joy
Campbell recently sued Kalshi for alleged illegal gambling operations,
with the state's Gaming Commission pushing for an injunction to remove
sports contracts from the market.
Critics
point to the selection of a poker professional as brand ambassador
as potentially reinforcing concerns about Kalshi's resemblance to gambling
operations. While Kalshi insists it provides "legitimate
hedging" similar to commodity futures markets, the platform's
public messaging regularly invites customers to "bet" on
outcomes.
Negreanu,
however, expressed enthusiasm for the platform's capabilities, tweeting:
"On Kalshi, you can trade on everything from Football to Politics to Pop
Culture — it's a game-changer and available in all 50 States!".
Billion-Dollar Battle
Intensifies
The
partnership announcement comes just a day after Kalshi's key partner Robinhood
filed federal lawsuits seeking
to block Massachusetts regulators from enforcing state gambling laws.
According to court documents, roughly $1 billion worth of Kalshi contracts
traded through Robinhood's platform during the second quarter alone.
"Sports
wagering comes with significant risk of addiction and financial loss and must
be strictly regulated to mitigate public health consequences," Campbell
stated when announcing the state's lawsuit against Kalshi.
Pennsylvania's
Gaming Control Board has argued that sports prediction markets operating under
federal oversight directly challenge states' authority to regulate gambling
within their borders.
In August,
Kalshi and Robinhood Markets faced
another federal lawsuit filed by the Ho-Chunk Nation, a federally
recognized tribal nation in Wisconsin that operates several gaming facilities
under a state compact permitting sports betting on tribal lands.
Negreanu's
involvement includes staking a fan into the WSOP Paradise Super Main
Event. The Canadian-born player, who moved to Las Vegas in his early twenties
after initially failing as a professional, eventually became the youngest
WSOP champion in 1998 at age 23.
The
company currently serves roughly two million users nationwide,
though regulatory challenges continue mounting in key states
where officials maintain that sports event contracts mirror
traditional sports betting without proper licensing or taxation.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Broadridge to Acquire Futures and Options Trading Tech Provider CQG
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
