Prediction Markets News
18 stories
Prediction markets: Most Americans are against betting on election results
A new poll shows the majority of voters aren't feeling the rise of election betting platforms like Polymarket and Kalshi.
Polymarket: $600 million in election trades happened after polls closed
The prediction platform is facing heat for 'zombie markets' where users traded millions on outcomes that were already decided.
Kalshi CEO warns prediction markets will go offshore if states take control
Tarek Mansour claims federal oversight is the only way to keep prediction markets in the U.S. instead of forcing them abroad.
Prediction markets: Supreme Court faces pressure over crypto betting
A massive lineup of heavy hitters is pushing the Supreme Court to decide if your favorite sports betting markets are actually just gambling.
CFTC moves to classify prediction markets as federal swaps
The regulator is making a power play to secure oversight of platforms like Kalshi and Polymarket amidst ongoing legal battles with states.
Blockchain.com moves to launch U.S. prediction markets and crypto derivatives
The crypto platform is seeking CFTC approval to offer event contracts and derivatives directly to U.S. traders.
NFL takes prediction market battle to Supreme Court
The league is pushing for a Supreme Court ruling to clarify whether states or the feds should hold the keys to regulating sports-based betting.
Blanche Lincoln: From prediction market ban author to Kalshi lobbyist
The former senator who once warned that prediction markets would just be sports betting is now lobbying for the firm leading that exact charge.
Kalshi strikes deals with four tribes to launch new prediction market apps
In a major move shaking up the tribal gaming scene, four tribes are ditching the establishment to team up with the prediction-market startup.
Congress: New bill targets politicians betting on their own elections
A North Carolina representative is trying to ban lawmakers from profiting off prediction markets, but the midterms are already a lock.
Polymarket V2 Rollout: New Smart Contracts for Prediction Markets
The prediction market platform is upgrading its infrastructure for new features and potential multi-chain support.
NEXTPredict: The summit aiming to bridge the gap in prediction markets
As prediction markets go mainstream, a new NYC summit is trying to turn the hype into serious, journalist-backed reality.
Verifact Markets: The startup letting you bet on history
A new platform wants you to wager on whether past events are true or false, but the math behind its 'truth' engine is giving serious mystery vibes.
CFTC pushes to classify event contracts as swaps in prediction market war
The agency wants exclusive jurisdiction over platforms like Polymarket, but state gambling regulators are standing their ground.
Novig: Sports betting platform hits $2B valuation after racy ad campaign
The prediction market saw its valuation quadruple following a viral campaign featuring actress Sydney Sweeney.
Adam Kinzinger under CFTC probe for betting on his own presidential pardon
The former congressman admits to making Kalshi trades on his own pardon, sparking an investigation into potential manipulation.
Morgan Stanley enters prediction markets as a strategic partner
The banking giant is set to lead institutional discussions at the upcoming NEXTPredict summit, marking a major shift for the sector.
Polymarket faces New York lawsuit over alleged illegal betting
The New York Attorney General is calling out prediction markets for allegedly operating an illegal gambling ring under the radar.