Prediction Market News
The latest breaking news, analysis, and insights from the world of prediction markets.
Google Engineer Charged with Using Internal Data for Alleged $1.2M Polymarket Windfall
Federal authorities have charged a Google software engineer with insider trading for allegedly using confidential company data to profit on Polymarket. Michele Spagnuolo, 36, is accused of leveraging his high-level…
Fanatics Markets, ADI Predictstreet Launch FIFA World Cup 2026 Hub for U.S. Fans
Fanatics Markets and ADI Predictstreet have launched a new digital hub designed to bring U.S. soccer fans closer to the FIFA World Cup 2026. The new World Cup Hub combines…
Prediction Markets And Gambling Addiction Concerns
A 36-year-old law enforcement agent in Texas, Kevin, has a history with gambling addiction. That led to the end of his first marriage and also forced him to file for…
Trading on the Lab: Prediction Markets Turn Sights Toward Clinical Trials
From the likelihood of geopolitical conflict to the winner of the next presidential election, prediction markets have become a primary tool for pricing the future. These platforms, which allow users…
Rhode Island and Kalshi Lock Horns in Dueling Lawsuits Over Prediction Markets
The legal battle over the future of prediction markets intensified this week as Kalshi and the Rhode Island Attorney General’s office filed competing lawsuits within hours of each other. The…
Kalshi Secures an Additional $200M in Funding
Two weeks after making headlines with a $1 billion Series F at a $22 billion valuation, federally regulated prediction market Kalshi has expanded its funding round even further with the…
NHL, CFTC Ink Prediction Market Oversight Deal
As the hockey world turns its attention to the Conference Finals, the league is making a significant power play off the ice. The National Hockey League (NHL) and the Commodity…
CFTC Deploys AI to Combat Insider Trading on Prediction Markets
The Commodity Futures Trading Commission (CFTC) is entering a new era of enforcement, deploying advanced artificial intelligence to root out insider trading within the rapidly expanding world of prediction markets.…
Kalshi Pledges $2 Million to National Council on Problem Gambling
Prediction market Kalshi has announced a $2 million, two-year investment in the National Council on Problem Gambling (NCPG), a move that underscores the thinning line between retail speculation and traditional…
Polymarket Insider Trading Generated $2.4 Million Profit on Military Contracts
Digital detectives from data analytics firm Bubblemaps have identified nine Polymarket accounts that have profited more than $2.4 million exclusively on trades related to U.S. military action. This is a…
NFL Eyes Ban of Certain Contracts in Prediction Markets
Prediction markets are seemingly diving further into sports with each passing day. So, there’s no doubt that operators such as Kalshi and Polymarket are eager for the NFL. After all,…
Prediction Markets Under Fire: AGA, IGA Want Congress to Limit Prediction Markets
Prediction markets are online exchanges where people buy and sell contracts tied to future events. The American Gaming Association (AGA) and the Indian Gaming Association (IGA) are asking Congress to…
Minnesota Seeking to Ban Prediction Markets
Minnesota is seeking to ban prediction markets. The bill, which was forwarded by the Minnesota legislature on May 12, sailed through both chambers with bipartisan support and now sits on…
What Will Be the 51st State in Trump’s Term?
The world map may need a reprint much sooner than expected. Like a real-life game of RISK, prediction markets are currently grappling with a specific question: which country could become…
Trump Media Recalibrates Strategy on Truth Predict
Trump Media & Technology Group (TMTG) is significantly scaling back its ambitions to operate a proprietary prediction market. After months of anticipation surrounding the launch of Truth Predict, the parent…
New Mexico Tribes Sue Kalshi Over Sports Betting
In prediction markets news, a battle is brewing after a major federal lawsuit was filed in New Mexico. Four tribes — the Mescalero Apache Tribe and the Pueblos of Isleta,…
How High Will Inflation Get This Year?
Inflation is facing a “second wave” of volatility in mid-2026, with the annual rate climbing to 3.8%, its highest in three years. Driven by a surge in energy costs and…
Report: Campaign Staffers Profiting from Private Data
A recent report highlights the fear of insider trading in prediction markets as new evidence suggests campaign operatives are leveraging non-public information for financial gain. An investigation by NPR has…
May Gas Price Predictions: Kalshi Analysis
As the month of May progresses, one of the most active sectors in the prediction market landscape is the price at the pump. At Kalshi, the “Gas prices in the…
Kalshi Hits $22 Billion Valuation as Wall Street Bets Big on Prediction Markets
Kalshi, the New York-based prediction market platform, announced that it has closed a $1 billion Series F funding round at a $22 billion valuation. The round was led by Coatue,…