News
TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge
One prediction market trader made thousands of dollars by listening to a rehearsal of the event and correctly guessing how long Puth's rendition of the anthem would take.
States Encroach on Prediction Markets
The CFTC, the legitimate regulator of these financial instruments, backs Crypto.com in a lawsuit appeal.
“It’s a minuscule investment” – Adam Silver defends Giannis Antetokounmpo joining Kalshi as shareholder
Silver said Antetokounmpo didn’t violate the CBA with his investment.
NBA commissioner Adam Silver: NBA Sees Prediction Markets the Same As Sports Betting
“We currently are looking at prediction markets essentially in the same way that we’re looking at sports betting markets or sports betting companies,” Adam Silver said at All-Star Weekend.
Ethereum Co-Founder Vitalik Buterin Calls for Prediction Market Reset
Ethereum co-founder Vitalik Buterin criticized the current direction of prediction markets, warning that an increasing focus on short-term bets risks distorting incentives and encouraging harmful behavior.
CFTC Forms 35 Member Committee Focused On Event Contracts And AI
Committee brings together leaders from prediction markets, sports betting, finance, and blockchain. CEOs from Polymarket, Kalshi, DraftKings, and FanDuel will sit alongside Nasdaq leadership. Group will advise regulators on event contracts, digital assets, and AI influence on trading markets.
Cortez Masto leads Senate Democrats in stand on prediction markets
Senate Democrats challenged CFTC Chair Michael Selig to enforce bans on prediction markets, warning that his regulatory pivot is fueling unregulated gambling on sports and geopolitical conflicts.
SEC Chair Suggests Some Prediction Markets Could Fall Under Agency’s Jurisdiction
This potential move challenges the CFTC, which has been the sector's primary regulator.
DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook
The online sports betting operator reported a 43% jump in sales and shared ambitious investment plans for its prediction markets platform
MLB considers partnership with prediction markets, Manfred says
PALM BEACH, Florida – Major League Baseball is considering partnering with prediction markets, commissioner Rob Manfred said Thursday, a move that would further tie the league to sports betting while two Cleveland Guardians pitchers face federal charges for an alleged pitch-rigging scheme. Owners were briefed this week at their quarterly
Polymarket Hands New Yorkers Free Groceries After Mamdani Taunt
Prediction market startup Polymarket opened a temporary grocery store in Manhattan’s West Village on Thursday, giving away free food and household staples in a promotional campaign that was delayed by logistical issues.
Israelis Charged With Using Classified Intel for Polymarket Bets
Israeli authorities have filed charges against two suspects accused of using classified information to place bets on prediction platform Polymarket.
