Meta chief executive Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on Tuesday,...
Polymarket’s social media presence may have been artificially inflated through staged bets, according to a report by the Wall Street Journal, raising potential regulatory issues for the prediction market operator....
Wealthsimple has announced the release of Wealthsimple Predict, providing retail investors the ability to trade event contracts on Kalshi. The standalone application is scheduled to launch this summer. Through the app,...
DAZN and ADI Predictstreet, the Official Prediction Market Partner of the FIFA World Cup 2026™, has announced the official launch of the ADI Predictstreet free-to-play experience on the DAZN platform....
New Jersey Senator Nicholas Scutari introduced S4447 this week, which proposes regulations for the emerging industry. It would also restrict who can use the controversial platforms, especially for government employees. The goal...
Kentucky’s attorney general filed three lawsuits against prediction market and gambling companies he said are operating unlicensed sports betting platforms illegally across the state. Lawsuits filed June 17 in Franklin...
Novig has secured designation from the U.S. Commodity Futures Trading Commission as a Designated Contract Market, enabling the sports prediction platform to operate as a federally regulated exchange across all...
Kalshi has developed an AI agent to manage internal processes including the review of prediction market contract language, co-founder Luana Lopes Lara said in an interview with Bloomberg. The tool,...
ProphetX, America’s first sports-native prediction market, today announced that the U.S. Commodity Futures Trading Commission (CFTC) has approved its applications to register as a Designated Contract Market (DCM) and a...
FanDuel, a unit of Flutter Entertainment has announced that its FanDuel Predicts business has expanded its event contract offering with new sports and entertainment contracts and combination event contracts through Crypto.com’s...
