Tarek Mansour, co-founder of prediction market platform Kalshi, disclosed that the firm does not view Polymarket as a primary competitive threat. Instead, Mansour argued that Polymarket requires integration into a formal regulatory framework, suggesting that recent controversies have undermined broader industry credibility.

Concurrently, Mansour identified CME Group and Robinhood as significant market rivals. CME Group notably supported FanDuel in deploying its prediction market product last year. The sector has witnessed accelerated growth, with entities including DraftKings, Novig, and Coinbase also launching dedicated prediction market platforms over the past twelve months.