Politics
Polymarket Steps Into Legal Gray Area by Hosting Trades on War
Even as prediction-market platforms have tested legal and regulatory norms like never before, most have drawn a line at one category: direct wagers on war. Not Polymarket. In recent weeks, the startup — newly backed by Intercontinental Exchange Inc., the parent company of the New York Stock Exchange — has listed
Matchbook to Launch UK Prediction Markets Ahead of US Entry
Matchbook, a sports betting exchange, is launching a prediction market platform in the UK as it prepares to compete with rivals Kalshi and Polymarket in the US. The British debut in January will be a “road test” of its technology before Matchbook — registered in Guernsey — obtains US regulatory approval, which
Polymarket Testing US Prediction Market in Move to Reopening
Polymarket has begun live testing its US exchange by quietly opening up to some users and matching trades ahead of its planned relaunch in the American betting market. The prediction platform says the exchange is fully functional, with select users placing bets on real contracts, as it moves to complete
Prediction Markets Boom as Volumes Surpass 2024 Election
The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing the previous peak reached during the US presidential election last year. The recent jump in trading activity offers one of the clearest indications yet of the growing excitement around the exchanges
