Kalshi sued by FlightAware over use of flight data in betting markets

Flight tracking company FlightAware has sued Kalshi over flight-cancellation prediction markets that rely on its data, seeking court orders to stop the platform from using its information and brand in connection with the contracts. Summary FlightAware has sued Kalshi over its flight cancellation prediction markets and alleged unauthorized use of its data. The company is seeking injunctions to stop Kalshi from using its tracking data and brand for the contracts. FlightAware said the markets could create incentives for unsafe attempts to influence flight cancellations. The lawsuit adds to Kalshi’s ongoing legal disputes with state regulators over prediction markets. FlightAware, in a complaint filed Monday, accused Kalshi of using its flight-tracking data without permission to settle prediction markets while giving users the impression that the two companies had a close commercial relationship. The dispute centers on markets Kalshi introduced last month that allow users to trade on whether individual flights will be canceled. Kalshi tells users that the outcomes of the contracts are “verified from FlightAware,” according to the filing. FlightAware said it had not agreed to have its d...