
Squawk Pod An NHL Deal with Kalshi CEO & AI with Airbnb CEO 10/22/25
Oct 22, 2025
Brian Chesky, Co-founder and CEO of Airbnb, shares exciting updates about new features aimed at enhancing user experiences and making travel more social. He dives into the innovative use of AI for customer service, highlighting how it handles complex issues transparently. Chesky also discusses the evolving travel trends, including longer trips and the demand for local experiences. Meanwhile, Tarek Mansour, CEO of Kalshi, reveals insights on the NHL's groundbreaking partnership with prediction markets and the implications for the sports betting landscape.
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Episode notes
Prediction Markets Gain League Validation
- Kalshi's NHL partnership validates prediction markets as a mainstream product for major sports leagues.
- Tarek Mansour says market integrity and customer protection were decisive for the deal.
Regulation Is Stabilizing But Not Settled
- Prediction markets operate under CFTC regulation but face political and legal pushback from gambling interests.
- Mansour stresses confidence in their regulated structure despite state-level challenges.
Rapid Volume Growth And Sports Domination
- Kalshi reached roughly $1 billion in monthly transaction volume and helped push combined weekly notional volume above $2 billion.
- Sports now dominate top categories, driven by seasonal interest and hedging demand.

