Media brand is partnering with Galactic to launch ‘non-custodial platform’ SI Predict in Q2.
Sports Illustrated was once among the most famous names in sports media.
Times have changed and the media sphere has flattened, but there are clearly some who still believe the letters “SI” hold cachet. A news release this week announced the forthcoming launch of an SI-branded betting platform – the second such effort.
The announcement hailed the planned arrival, in partnership with Galactic, of SI Predict. It would be the latest in a line of sites/apps facilitating exchange-style wagering without state-by-state regulation.
Like Kalshi, Crypto.com, Robinhood and others offering a form of sports betting – they’re reluctant to call it “sports betting”, but the basic gist is that customers can risk money directly on sports-related outcomes – SI Predict intends to operate without procuring a licence through a state-level gambling regulator.
Instead, as Galactic CEO Stuart Stott told Bloomberg..