About 60% of World Cup bettors on Polymarket are first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first tim...
Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight
Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone p...
CFTC sues Kentucky after state’s prediction market lawsuits
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over predic...
Mark Zuckerberg ordered Meta staff to develop moneyless prediction market: NYT
The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place...
Meta Builds “Arena” Prediction Markets App to Take on Polymarket and Kalshi
TLDR: Meta CEO Mark Zuckerberg has tasked an internal team with building Arena, a standalone prediction markets app. Arena will u...
Polymarket Lands Bundesliga Prediction Market Partnership In The US
Polymarket has become the official prediction market partner of the Bundesliga in the United States, marking another step in the p...
Kalshi adds India to growing list of restricted jurisdictions
Kalshi has added India to its list of 55 restricted jurisdictions, months after Indian authorities warned VPN providers to stop fa...
US House Bill Seeks To Ban Lawmakers From Wagering On Prediction Markets
A new US House bill seeks to ban members of Congress and their families from wagering on political and policy outcomes.
Kalshi in early IPO talks with investment banks: Report
The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sport...
Kentucky Attorney General Sues Polymarket And Kalshi Over Sports Betting Claims
Kentucky Attorney General Russell Coleman has filed lawsuits against Polymarket, Kalshi, and Coinbase-linked prediction market act...