Kalshi has hired Dillon Borgida as head of private client sales and services, a role that will focus on building a white-glove support program for advanced traders, according to a company spokesperson reported by Traders Magazine. Fishduck framed the move as part of a broader wave of leadership changes across North America’s gaming and prediction-market sector in July.
iGamingExpress said the private client unit is being built around personalized support, portfolio guidance and direct relationship management for advanced traders, high-value users and institutional investors. The outlet also said the structure is intended to mirror private client models common in investment banking.
Borgida joins Kalshi after serving as vice president of VIP and player experience at Underdog Fantasy from 2024 to 2026, where he supported large clients. Before that, he was head of VIP acquisition at DraftKings from 2019 to 2023, and earlier held VIP-focused positions at William Hill from 2018 to 2019 and at FanDuel from 2014 to 2018.
iGamingExpress said Borgida left Underdog after two years, around the time of a March 2026 restructuring that cut about 20% of staff. It also reported that Underdog was shifting its strategic focus toward prediction markets, including by acquiring the Aristotle/PredictIt exchange.
The hire comes as Kalshi expands institutional-facing tools, including Kalshi Pro, an advanced trading terminal for experienced users. According to iGamingExpress, the appointment signals a move from a predominantly retail user base toward professional and institutional participants, as competition intensifies among US prediction-market platforms for professional traders and larger account sizes.
Kalshi operates as a CFTC-designated contract market, which distinguishes its event contracts from state-regulated sports wagering products. The company has nonetheless faced scrutiny from state regulators and courts over whether its sports-related contracts amount to unregulated sports betting, a dispute that has played out in Michigan and before the Ninth Circuit.
On LinkedIn, Borgida said prediction markets had moved “from niche, to critical financial infrastructure” and said the market could be “generational.”
