Kalshi and ADI Predictstreet: New betting era for FIFA World Cup
AI-GENERATEDA fresh collaboration aims to revolutionize the prediction market. Fans worldwide will find new ways to engage with the World Cup. This could impact the German market, but not as many might think.
What happened
Recently, exciting news was broadcast in the international iGaming industry. Kalshi, a company known for its prediction markets, announced a strategic partnership with ADI Predictstreet. This collaboration aims to expand the sphere of prediction markets globally. The main focus is on major events like the FIFA World Cup. We are talking about offering billions of football fans new ways to interact with the tournament. It is not just about betting on the winner. It is about much more. Small, specific events within a game or tournament could suddenly be priced. This is a development we are closely monitoring in our editorial office. The announcement flew somewhat under the radar of many German news agencies. That is a shame, because the implications are far-reaching. For us at Lisa Lustich, this is an important topic.
Background
Prediction markets are essentially a type of exchange. Here, people trade contracts whose value depends on the occurrence of a future event. This can be almost anything: who wins an election, what the weather will be like next week, or in this case, which team scores the first goal. Kalshi is an established name in this field, especially in the US. They have licenses that allow them to legally offer such markets. ADI Predictstreet brings the technological expertise to make these markets accessible to huge numbers of users. The vision is clear: even deeper fan engagement. Imagine you could bet on whether referee Meier shows a yellow card in the 23rd minute. That is far from the classic 1X2 betting market. That is micro-betting. Or live betting that goes into the smallest detail. This type of betting is still heavily regulated or not permitted at all in many countries. But the trend is towards greater granularity, towards more individual predictions. The FIFA World Cup is just the beginning here. The potential is immense. It attracts new players. Traditional bookmakers might feel this.
Why it matters for German players
For German players who appreciate our recommendations for GGL-licensed casinos like jackpotpiraten, etipwin, crazybuzzer, merkur-slots, or loewen-play, the direct relevance of this partnership is rather low. Why? German gambling law, regulated by the Joint Gambling Authority of the Federal States (GGL), is very strict. Prediction markets, as offered by Kalshi, often fall into a gray area or are not yet approved. The GGL places great importance on player protection and transparency. Innovations that blur the line between traditional sports betting and more complex financial products are viewed very critically. That is a good thing. Players should be protected. In Germany, the offers are clearly defined. There are online slot games and sports bets. And that is it. Such detailed prediction markets, aimed at micro-events, are currently not an option. It is unlikely that a GGL-licensed casino can or will offer a similar product in the near future. In our opinion, this would require an adjustment to the State Treaty on Gambling. That is a long process. Therefore, this development remains an observation from a distance for German players for now. It is good to know what is happening internationally, without being directly involved. It is always good to be informed. We are watching this closely.
What it means for GGL-licensed casinos
The GGL-licensed casinos in Germany, as we know and recommend them, do not have to worry directly that their market will be challenged by such new offerings. Their strength lies in strict regulation, high security standards, and a clear focus on slot machines and classic sports betting. Platforms like jackpotpiraten and crazybuzzer offer a safe and controlled environment. That is exactly what German players appreciate. The GGL has established clear rules. These rules are designed to prevent exactly that: unregulated, complex forms of betting from entering the market. While borders blur internationally, Germany remains steadfast. This ensures the integrity of the market and protects players. A GGL casino will focus on its core competencies. That is the mandate. Competition at an international level is one thing, but the domestic market is clearly defined. The developments at Kalshi and ADI Predictstreet show where the journey could go. But they also show how important strict regulation is. We as an editorial team fully support the German model. It may sometimes seem a bit rigid, but it is safe. That is what is most important to us. Players in Germany can rely on the proven offers. They do not have to fear complicated, new forms of betting. That is an advantage.
Frequently asked questions
What is the outcome of the partnership between Kalshi and ADI Predictstreet?
Kalshi and ADI Predictstreet have announced a strategic partnership aimed at expanding the global prediction market, particularly for major events like the Football World Cup. This initiative seeks to offer fans new ways to engage with the tournament.
What are prediction markets?
Prediction markets function like an exchange where traders deal in contracts whose value depends on the occurrence of future events. This can range from election outcomes to specific sports events, such as who scores the first goal in a match.
What kind of bets do these new markets enable?
These markets allow for more granular betting beyond classic 1X2 outcomes. Fans could potentially wager on very specific occurrences within a game or tournament, described as micro-bets or highly detailed live bets.
What is the significance of this development for German players?
For German players, this partnership currently has limited direct relevance. German gambling law, regulated by the GGL, is strict, and such detailed prediction markets are typically not permitted. Offerings in Germany are confined to online slot games and classic sports betting.
Can GGL-licensed casinos offer such products?
It is unlikely that GGL-licensed casinos in Germany will offer such detailed prediction markets in the near future. German gambling law emphasizes player protection and transparency, meaning these complex betting forms do not currently fit within the established offering spectrum.
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About the author

Lisa Lustich
Editor-in-chief & casino tester
Lisa Lustich has been testing German-language online casinos since 1997 and runs the Lustich.de newsroom. More than 400 published reviews, certified player-protection advisor (BZgA training, 2019).
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