Prediction Market
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.
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.
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.
Cardi B’s appearance during Bad Bunny’s Super Bowl halftime performance divided prediction markets
Wake up, babe, new Schrödinger’s cat just dropped: Cardi B exists in a simultaneous state of both performing at the Super Bowl Halftime Show and not performing at the Super Bowl Halftime Show … until observed settled by prediction markets. Confused yet? So were many people who placed bets — or
Government shutdown odds spike ahead of Valentine’s Day
As funding talks fizzle between the GOP and Democrats in Congress, traders are expecting a partial government shutdown to begin this weekend. Kalshi markets now show an 82% chance of a shutdown beginning on Saturday. The shutdown saga continues Earlier this year, the most recent shutdown was ended after only
Super Bowl Gives Prediction Bets Record $1.2 Billion Trading Day
Analysts have grown increasingly bearish on gambling companies in recent months as prediction markets have presented a formidable competitive threat much more quickly than many anticipated.
Polymarket sues Massachusetts, claims states can’t regulate prediction markets
As Kalshi blocks Massachusetts users, Polymarket is escalating the battle to the federal court, claiming state gambling laws can't touch CFTC-regulated prediction markets.