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Prediction Market

States Encroach on Prediction Markets

The CFTC, the legitimate regulator of these financial instruments, backs Crypto.com in a lawsuit appeal.

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.

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