Prediction Markets
March 23, 2026
Bipartisan Senate Bill Targets Prediction Markets
Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) plan to introduce legislation aimed at companies such as Kalshi and Polymarket, which are currently regulated by the Commodity Futures Trading Commission (CFTC). This marks the first bipartisan Senate effort specifically targeting prediction markets. Senators Propose Bill Targeting Prediction Markets The proposal would bar CFTC-regulated entities from offering […]
Prediction Markets
March 23, 2026
Nevada Halts Kalshi Operations in Landmark Court Move
A Nevada court has ordered online prediction platform Kalshi to suspend its activities in the state for at least two weeks, marking a major escalation in the growing clash between regulators and prediction market operators in the United States. Nevada Court Blocks Kalshi in 14-Day Restraining Order The ruling issued by the First Judicial District […]
Prediction Markets
March 20, 2026
Kalshi Secures $1B in Capital, Valuation Reaches Approximately $22B
Reports say that prediction markets leader Kalshi has secured $1 billion in fresh capital in its latest funding round. According to people familiar with the matter, the round was led by Coatue Management. The Funding Round Sends Kalshi’s Valuation into the Stratosphere Coming shortly after rumors suggesting that Kalshi was on the lookout for extra […]
Prediction Markets
March 20, 2026
Polymarket and MLB Team Up as League Embraces Prediction Markets
Major League Baseball (MLB) has become the latest to enter into a partnership with Polymarket, with the organization confirming on Thursday that a Memorandum of Understanding has already been signed with the relevant federal authority, the Commodity Futures Trading Commission (CFTC). MLB’s Boss Is Confident Prediction Markets Are Safe and Free of Manipulation The goal […]
Prediction Markets
March 20, 2026
Polymarket Opens News Bar in DC With Live Betting Buzz
Polymarket is once again making headlines, this time with a new idea in Washington, DC. The company’s latest social media announcement says it will open a place called “The Situation Room,” a bar where people can grab a drink, follow the news, and place trades on current events. “Grand Opening This Friday” “We’re excited to […]
Prediction Markets
March 19, 2026
Prediction Markets Are Gambling, 61% of Americans Say
It may not be the argument that prediction market platforms are trying to make in courts across the United States. Still, for 61% of Americans, things are pretty obvious: event contracts, as popularized by Kalshi and Polymarket, are closer to gambling than investing. New Survey Suggests Americans Are Aware of the Risky Nature of Prediction […]
Prediction Markets
March 19, 2026
Prediction Markets Userbase Is Exclusively U-50
A new investor note by Truist Securities and analyst Barry Jonas finds that prediction markets have one very strong business card they will play over the coming decades: the average age of their user base. According to the findings, only 7% of the platform’s users are over 49, putting Polymarket well ahead of traditional sports […]
Prediction Markets
March 18, 2026
Analyst: Polymarket’s Short-Term BTC Contracts Disadvantage Retail Traders
Prediction markets continue to be one of the hot topics of the gaming and trading sectors, with many accusing them of offering unregulated gaming. The latest to do so is Nigel Green, CEO of deVete Group, who targeted the five-minute Bitcoin markets in particular. In a recent note, Green insisted that these products turn serious […]
Prediction Markets
March 18, 2026
New Bill Seeks to Curb Prediction Market Insider Trading
The US government has launched a new effort to regulate prediction markets, which have emerged as one of the nation’s fastest-growing sectors. Lawmakers are moving to restrict platforms that allow users to bet on everything from military actions to political decisions, arguing that such platforms pose risks far greater than those associated with traditional gambling. […]
Prediction Markets
March 18, 2026
Kalshi Invites Players to Join Its $1B March Madness Challenge
Kalshi is bracing for March Madness, once again launching its $1 billion bracket challenge. The 2026 edition of the challenge will provide fans with a shot at earning a life-changing prize of a billion dollars if they can correctly predict all 63 NCAA Tournament games. A Perfect Bracket Would Earn Its Owner $1B Predicting 63 […]
