Netflix explains itself after ‘unlawful’ sports bet – Sports News
Netflix is defending its handling of a documentary trailer after prediction market company Kalshi despatched the streaming giant a cease-and-desist letter final Friday, alleging the footage was defamatory and implied the company had violated a Nevada court docket order proscribing its sports-related actions.
The dispute facilities on the trailer for Instadocs: The Prediction Games, a documentary tracing the rise of prediction markets that premiered on Netflix on July 26.
In one second during the trailer, a participant shows what seems to be a $5,000 wager on Spain to win the match.
Kalshi argued in its letter that the trailer creates the misunderstanding that a trader accomplished that transaction on Kalshi in Nevada on July 19, 2026, a date on which the company says it was barred from working sports-related markets within the state below a court docket order tied to a lawsuit from the Nevada Gaming Commission.
According to Kalshi, the screenshot proven truly displays a transaction positioned on May 16, 2025, properly earlier than any such restrictions took impact.
Netflix doesn’t dispute that the screenshot itself dates to 2025. A spokesperson instructed TechCrunch the scene was filmed at a Winible World Cup Watch Weekend occasion in Las Vegas on July 17, 2026, and that the person proven had merely pulled up an outdated screenshot of a previous transaction accomplished earlier than the Nevada order existed.
“No footage in Instadocs: The Prediction Games was fabricated,” the spokesperson stated.
Kalshi raised a second objection as properly, arguing the screenshot itself was fabricated as a result of it displayed terminology reminiscent of “bet slip,” language the company says has by no means appeared on its platform.
According to Kalshi, a Netflix worker had agreed the screenshot wouldn’t seem within the documentary itself, although the company says Netflix declined to take away it from the trailer.
“Netflix had a chance to make a genuinely interesting documentary about prediction markets,” Kalshi head of advertising and marketing Brandon Beckhardt stated in a assertion. “Instead, they made a sensationalized film built on fiction.”
Netflix has stood by its work. “Netflix upholds the highest standards of journalistic integrity in its documentary programming,” a spokesperson stated.
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