Prediction Markets
May 22, 2026
South Korea to Determine Whether Polymarket’s Offering Is Legal
The undisputed growth of prediction markets has attracted the attention of South Korean authorities, who will now review the Polymarket platform to determine whether its products violate the local law. South Korea to Probe the Prediction Market Platform The Korea Communications Standards Commission has initiated a review into the leading event contracts platform Polymarket to […]
Prediction Markets
May 21, 2026
Boomer’s CEO Blasts Prediction Markets as Unregulated Gambling
Speaking to a collection of gambling industry professionals at Circa Las Vegas, Boomer’s Sportsbook CEO Joe Asher discussed the fast-growing prediction market sector, arguing that it is just a familiar product under a new guise. His main complaint was that the industry was turning an increasing number of aspects of daily life into gambling opportunities, […]
Prediction Markets
May 20, 2026
Polymarket Opens Door to Private Company Contracts
Prediction platform Polymarket continues to expand its offerings, opening its offerings to contracts tied to the performance of some of the world’s most closely watched private companies. The new offering focuses on prediction markets based on private-company events, such as valuation thresholds, IPO timelines, and secondary-market pricing changes. Polymarket Will Offer a Rare Glimpse into […]
Prediction Markets
May 20, 2026
Minnesota Governor Signs Prediction Market Ban – US’ First
After lawmakers passed a bill outlawing prediction markets with a strong majority last week, Minnesota Gov. Tim Walz finally did his bit and signed the draft into law. The decision came at a time of intensified head-to-head between state regulators, attorneys general, and the federal watchdog, the Commodity Futures Trading Commission (CFTC), which has repeatedly […]
Prediction Markets
May 20, 2026
Farm Groups Want to Have a Say in Oversight of Prediction Markets
A broad coalition of agricultural organizations is urging US regulators to investigate the growing influence of prediction markets on commodity trading, warning that emerging financial products may upend traditional risk management strategies employed by farmers and producers. Pork Producers Lead Push for CFTC Review of Prediction Market Risks The appeal, filed by the National Pork […]
Prediction Markets
May 19, 2026
NFL Sends Letter to CFTC Urging It to Control Prediction Markets More Strictly
In a recent letter, the National Football League (NFL) has urged the Commodity Futures Trading Commission (CFTC) to regulate prediction markets more strictly as the sector continues to grow rapidly. NFL Urged CFTC For More Control NFL Senior Vice President for Government Affairs and Public Policy Brendon Plack wrote to the CFTC Chairman Michael Selig […]
Prediction Markets
May 19, 2026
Kalshi & National Council on Problem Gambling Join Forces to Champion Trader Health
Kalshi and the National Council on Problem Gambling (NCPG) have joined forces to champion trader health and safety. To that end, the prediction markets platform confirmed a $2 million, two-year investment to support the NCPG’s initiatives. Kalshi Becomes Part of NCPG’s Leadership Circle As a result of the arrangement, the NCPG has created a new […]
Prediction Markets
May 19, 2026
Polymarket Trades Spark New Concerns over Potential Abuse
A new wave of allegations is putting prediction markets under renewed scrutiny, after blockchain investigators uncovered a seemingly highly coordinated series of profitable bets tied to US military activity in Iran. Findings from analytics company Bubblemaps reveal an interconnected group of nine Polymarket accounts that collectively earned $2.4 million by accurately predicting sensitive geopolitical events. […]
Prediction Markets
May 19, 2026
Prediction Markets Continue to Register High Number of Suspicious Trading Cases
In a recent report by Reuters, prediction markets were highlighted once again, and specifically over suspicious trades that could be pointing to insider trading, the practise of obtaining and then using private and non-public information to influence outcomes of real-world events. Suspicious Trades Remain Key Issue for Prediction Market Platforms Amid increased scrutiny, prediction markets […]
Prediction Markets
May 18, 2026
Tribal and Gaming Leaders Warn Congress over Prediction Market Growth
Two of the most influential voices in US gaming have issued a fresh warning to Congress as lawmakers weigh a significant shift in financial regulation. In a joint letter sent Friday, American Gaming Association (AGA) president and CEO William C. Miller Jr. and Indian Gaming Association (IGA) chairman David Z. Bean urged lawmakers to draw […]
