Plus500 has launched sports-event-based contracts for retail customers in the United States, expanding its presence in the country’s growing prediction markets sector.
The new products are CFTC-regulated contracts offered through Kalshi and are available on Plus500’s proprietary futures trading platform. Customers can take positions on the outcomes of sporting events through exchange-traded financial contracts.
The initial offering covers major U.S. sports leagues, including the NFL, NBA, and MLB. Plus500 said the contracts are supported by its existing execution, clearing, and risk management infrastructure.
The launch broadens the company’s prediction markets offering in the U.S., where it operates both a retail trading platform and an institutional futures business following its acquisition of Cunningham Commodities and Cunningham Trading Systems in 2021.
Prediction markets have gained traction in the U.S. following regulatory approval for a broader range of event-based contracts. Kalshi has expanded its offering beyond elections and economic indicators to include sports markets, opening the sector to a wider retail audience.
Plus500 entered the U.S. futures market through its 2021 acquisition of Cunningham Commodities and Cunningham Trading Systems. The company has since expanded its U.S. offering beyond traditional futures trading, with prediction markets becoming a growing part of its product lineup.
