Prediction Market News
The latest breaking news, analysis, and insights from the world of prediction markets.
North Carolina Just Made History With Its New Prediction Markets Law
North Carolina Governor Josh Stein, on Tuesday, signed the state’s $34 billion budget into law, telling reporters, “After careful deliberation, this morning I will sign the state budget into law.”…
Taxes Against Prediction Markets: New Jersey to Push Legislation
Prediction markets are blooming as the 2026 FIFA World Cup and fluid political cycles push trading volume to unprecedented heights. Meanwhile, state governments are scrambling to extract their piece of…
Polymarket’s $571M Secret: How US Volume Defies Geoblocks
In 1920, the United States banned alcohol nationwide. The thirst didn’t disappear; it just moved behind unmarked doors and a password. A century later, a similar experiment is playing out…
Kalshi’s Clever Marketing Strategy Scores with World Cup Ads
Scan the stadium boards during this week’s World Cup knockout matches, tucked between Adidas and Coca-Cola, and you’ll spot a name most casual fans don’t immediately place: Kalshi. The exchange…
DraftKings Launches Proprietary Prediction Markets Exchange
Sports betting giant DraftKings has fully entered the world of prediction markets with the official launch of its proprietary exchange, called DKeX. Their ultimate goal is to challenge the absolute…
Senators Demand Probe Into Polymarket After Fake Ads Scandal
A bipartisan group of U.S. lawmakers is now pushing for a federal investigation into Polymarket, following new reporting that exposed misleading promotional tactics tied to the platform. U.S. Senators John…
Google Will Develop $75 Million AI-powered Filmmaking Tool
Google has invested approximately $75 million into the independent film studio A24, solidifying a multi-year, non-exclusive research partnership with its prominent AI unit, Google DeepMind. This marks the first time…
Polymarket to Refund $3 Million After Cyber Attack
Decentralized prediction market giant Polymarket has confirmed that a supply chain attack targeting a third-party vendor resulted in a brief frontend compromise. According to updates published by blockchain intelligence firms…
Polymarket World Cup: Shocking 60% of Traders Are First-Time Crypto Users
It’s June, and the soccer World Cup is playing on TV. But it’s 1970. Families leaning in close to bulky, wooden television sets, adjusting blurry dials. Suddenly, the screens burst…
ProphetX Makes Journey From Sportsbook To Sweeps To Prediction Markets
Almost exactly eight years ago, on June 14, 2018, sportsbooks in New Jersey took their first wagers, in the wake of the Supreme Court overturning PASPA. The evolution since then…
Meta’s Arena: Here’s What We Know About the New A.I.-Driven Prediction Market App
Picture the scene that opened The Social Network: a Harvard sophomore in a hoodie, hunched over a laptop at two in the morning, building something nobody asked for because he…
Giannis trade fallout: Heat are steaming on Prediction markets
The Giannis-Milwaukee saga comes to an end. Antetokounmpo will take his talents to South Beach, as the Bucks have signed a massive deal with the Miami Heat to trade the…
Polymarket Scandal: How Fake Wins Misled Millions on Social Media
They’re calling it a Polymarket Scandal. A Wall Street Journal investigation found that Polymarket paid young influencers — including college student George Makihara — to post videos showing fake wins…
U.S. and Iran 14-point deal: Polymarket reacts with massive surge
After months of tense negotiations, the United States and Iran have finally signed an initial deal to put an end to the war. Both President Trump and Iran’s Supreme Leader,…
Polymarket Splash NFL Survivor Contest Launches with Record $21M Pool
Shayne Coplan didn’t approach Splash Sports as a stranger. The founder and CEO of Polymarket had been playing on the platform for years and had even won a few survivor…
Toy Story 5 Box Office: Why Pixar’s Sequel Could Break Franchise Records
In 1995, a cowboy doll and a space ranger action figure walked into theaters and changed animation forever. Three decades, four sequels, the toys are back. But this tiem they’re…
Kalshi Creates AI Agent to Regulate Prediction Markets
Prediction markets live and die by the precision of their text. An event contract requires an ironclad, binary resolution clause with no room for double meanings. When the settlement presents…
Nevada Gaming Control Board Seeks Contempt Ruling Against Kalshi
The Nevada Gaming Control Board is asking a state court to hold Kalshi in contempt for failing to follow a court order that requires the company to block Nevada users…
Best Odds to Be the Next 007: James Bond Casting Race Explained
The Name’s Bond. But whose name, exactly? The tuxedo is empty. The Aston Martin idles with no one behind the wheel. Ahe hunt for the next James Bond has turned…
Three Defining Off-Pitch Dramas of the 2026 World Cup to Watch
No high-profile event as big as the World Cup goes along without some sort of drama. With strict geopolitical stances dominating the landscape, three major off-pitch controversies have surrounded the…