Riot Games discusses esports sponsorship with Kalshi and Polymarket

According to Bloomberg, Riot Games, a subsidiary of Tencent, is the developer of popular video games such as League of Legends and Valorant. According to informed sources, the company recently discussed esports sponsorship collaboration with two major prediction market operators, Kalshi and Polymarket.

Riot Games spokesperson Joe Hixson stated in an email that prediction markets are an emerging field, and the company is evaluating them with a focus on maintaining the integrity of competitive events, the potential value to teams, the impact on fan experience, and alignment with the overall ecosystem goals.