Competition
Prediction Markets Ramp Up Washington Lobbying to Stop US Rules
Prediction markets are ramping up lobbying to fight congressional efforts to regulate them as gambling and curb insider trading risks.
Schwab Considering Prediction Markets Linked to Finance Events
Charles Schwab is weighing launching finance-linked prediction markets as rivals push into the space, signaling mainstream brokerages may cautiously embrace betting-style tools while shunning pure gambling.
Robinhood excludes some prediction markets over manipulation fears
Robinhood is aggressively expanding into prediction markets but is excluding riskier contracts such as “mention markets” amid mounting concerns over manipulation, insider trading and regulatory scrutiny.
‘Death Markets’ and Attack Ads: Prediction Rivalry Turns Nasty
A fierce public spat between Kalshi and Polymarket is exposing deep regulatory and ethical divides in the booming prediction market industry just as Washington scrutiny intensifies.
Nevada Wins Temporary Ban on Sports Betting on Kalshi
Nevada’s ban on Kalshi’s sports and election contracts underscores an escalating clash between state gambling regulators and federal derivatives authorities.
Polymarket’s Latest Pop-Up Is a Sports Bar for Watching the News
Prediction platform Polymarket is courting Washington with a pop-up “Situation Room” bar even as US lawmakers and regulators move to clamp down on the controversial betting industry.
Criminal Charges Amp Up Growing State Resistance to Kalshi
Prediction markets’ rapid growth has triggered a jurisdictional clash as state regulators and attorneys general escalate civil and criminal actions against platforms.
Polymarket Five-Minute Bets Capture ‘Addictive’ Crypto Craze
Ultra-short-term crypto prediction markets are booming as five-minute bets surge in volume, concentrating profits among algorithmic traders and raising new speed and fairness concerns.
Women Wanted: Kalshi Pushes to Expand Far Beyond Sport Bets
Prediction market platform Kalshi is pushing beyond male-dominated sports betting to court women with pop culture and politics wagers, aiming to broaden growth and reduce legal vulnerability.
Prediction Markets Picked Texas Democratic Primary Winner But Missed on GOP Race
Texas’s Senate primaries underscore how liquid prediction markets can sometimes outpace traditional polls in gauging election outcomes, yet still misfire in complex, high-profile races.
DraftKings Is Using Its Sports-Betting Playbook to Win Prediction Markets Race
DraftKings is leveraging its dominant sports-betting infrastructure to push regulated prediction markets nationwide, targeting untaxed, higher-margin revenue and challenging early leader Kalshi despite investor impatience.
Prediction Market Boom Finds a New Challenger With Asia Roots
Asia-focused prediction market Opinion, backed by Binance-linked capital and turbocharged by token-style rewards, has seen its explosive early trading volumes fade as incentive-driven activity wanes.
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