Prediction Markets
March 11, 2026
Polymarket Teams Up With Palantir to Strengthen Sports Market Oversight
Polymarket has unveiled a partnership with technology firm Palantir Technologies and artificial intelligence specialist TWG AI to develop a sophisticated monitoring system designed to safeguard sports-related prediction markets. The initiative aims to boost transparency and detect irregular trading behavior as the sector faces growing scrutiny from regulators and sports organizations. Polymarket Deploys AI Surveillance to […]
Prediction Markets
March 10, 2026
Experts Warn Prediction Market Disputes May Reach Supreme Court
The nation’s highest court may decide the future of prediction markets in the United States as disputes between states, platforms, and federal regulators leave the sector shrouded in uncertainty. Industry experts speaking at the NEXT Focus: Emerging Verticals conference in New York this week said the fast-growing sector is on a collision course with the […]
Prediction Markets
March 10, 2026
Kalshi Expands to Brazil with Brokerage Firm XP
Bloomberg has reported that Kalshi is now expanding further afield in Brazil, following an interview with company co-founder Luana Lopes Lara and the media outlet. Kalshi Delivers on Promise to Expand Further Globally The partnership is part of the company’s broader expansion strategy that will rely on established financial partners overseas rather than seek to […]
Prediction Markets
March 9, 2026
Better Markets Slams Prediction Markets as Gambling, Warns of Potential Insider Trading
Better Markets, an independent, nonpartisan, nonprofit organization promoting a healthy financial system, has become one of the latest critics of the growing prediction markets sector. The company echoed claims that the event contracts offered by such platforms constitute gambling and said that the industry has gone far beyond anything the CFTC intended it to do. […]
Prediction Markets
March 9, 2026
Kalshi and Polymarket Eye $20B Valuations Amid Scrutiny
Prediction market giants Kalshi and Polymarket are reportedly aiming for valuations of around $20 billion each, according to sources cited by The Wall Street Journal. Early Talks Both companies have been involved in talks with potential investors regarding possible capital raises that would push their market value to that level. These discussions are still early, […]
Prediction Markets
March 6, 2026
Illinois Moves to Rein In Prediction Markets with Strict New Bill
Illinois lawmakers are considering a proposal that would give the state significant control over prediction markets. This move could mark one of the most ambitious efforts by a US state to regulate the fast-growing sector. If the bill moves forward, it could lead to challenges from the CFTC and platforms like Kalshi, which contend that […]
Prediction Markets
March 6, 2026
Michigan Takes Kalshi to Court, Becoming the Latest State to Tackle Prediction Markets
Prediction markets giant Kalshi has found itself in trouble in yet another state after Michigan’s attorney general launched a lawsuit against its parent company. The complaint asserts that the company violated the state’s gaming laws by offering wagers without a license. Kalshi Finds Itself in Trouble in Another State Michigan Attorney General Dana Nessel has […]
Prediction Markets
March 6, 2026
Flutter Entertainment Says Prediction Markets Don’t Threaten Sports Betting
Flutter Entertainment’s boss, Peter Jackson, is not in the least concerned about the rumored juggernaut that is prediction markets. In fact, where others fear the undoing of the sports betting vertical, Jackson’s company sees an opportunity. Gambling Boss Says Prediction Market Fears Are Overblown To start with, Jackson took to the Morgan Stanley Technology, Media […]
Prediction Markets
March 5, 2026
Police Probe $430,000 Polymarket Bet on Iran Strike Date
Israeli authorities have opened an investigation after a trader on Polymarket made hundreds of thousands of dollars by predicting the timing of last weekend’s joint US-Israeli strikes on Iran. Police Probe Polymarket User Over Precise War Bet The account using the alias “Magamyman,” secured $430,000 after predicting that military action would start on 28 February. […]
Prediction Markets
March 4, 2026
CFTC Chair Selig Teases Looming Prediction Markets Guidance Release
Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), has suggested that a new prediction markets guidance could be released very soon. This came amid continued calls for tougher regulation of the vertical. The Guidance Will Provide Extra Clarity Speaking at the Milken Institute’s Future of Finance 2026 conference, Selig suggested that a guidance […]
