Prediction Markets
April 27, 2026
Trump’s Talk about Iran Makes Prediction Markets Betting Explode
As tensions between Donald Trump and other countries continue to rise, online prediction sites are seeing a big increase in activity. Traders Rush to Wager on US Moves Toward Iran The US president’s changing attitude toward Iran has become a major reason why people are betting on political outcomes. This has brought millions of dollars […]
Prediction Markets
April 24, 2026
US Soldier Charged Over $400K Maduro Betting Case
A US Army special operations soldier involved in the removal of Nicolás Maduro from power has been charged with using classified information to place bets on the mission through Polymarket, federal authorities said on Thursday, April 23. Master Sgt. Gannon Ken Van Dyke is accused of turning roughly $33,000 in wagers into about $409,000 in […]
Prediction Markets
April 23, 2026
Kalshi Bans Candidates Over Trading on Own Campaigns
The first exchange regulated by the Commodity Futures Trading Commission (CFTC) and dedicated to trading on the outcome of future events, Kalshi, has taken action against political candidates accused of trading on their own election prospects. The company said it identified three candidates, whom it did not officially name, who placed trades tied to their […]
Prediction Markets
April 22, 2026
New Bill Seeks to Define Prediction Markets as Gambling
A new bill has been filed in the United States Senate that is looking to outright define prediction markets as gambling, potentially ending an ongoing legal debate over the status of these markets. Utah Senator Wants to Designate Prediction Markets as Gambling Specifically, the bill, backed by Utah Republican Sen. John Curtis, seeks to muster […]
Prediction Markets
April 22, 2026
New York Goes After Coinbase, Gemini over Prediction Markets
New York’s attorney general’s office has gone after two prediction market platforms, specifically Coinbase Financial Markets and Gemini Titan. Lawsuits were filed on Tuesday by AG Letitia James, who delivered a familiar argument – these platforms operate at odds with state gaming statutes and are therefore a legitimate target for legal proceedings. New York Files […]
Prediction Markets
April 22, 2026
Illinois Tightens Ethics Rules on Prediction Markets
Illinois has moved to reinforce ethical standards across state government, with Governor JB Pritzker introducing new restrictions aimed at curbing potential abuses tied to the fast-growing prediction market industry. New Order Bars State Workers from Betting with Inside Information The measure, enacted through an executive order on April 21, expands existing rules by explicitly banning […]
Prediction Markets
April 21, 2026
Massachusetts Authorities Concerned About Minors Interacting with Prediction Markets
The Massachusetts Gaming Commission fears that prediction markets are offering trading products to players younger than 21. State gambling authorities have long insisted that prediction markets offer what is essentially sports betting, even to players too young to gamble. Prediction Markets Allow Younger Players to Trade Event Contracts Jordan Maynard, chair of the Massachusetts Gaming […]
Prediction Markets
April 21, 2026
Polymarket Seeks $400M in Funding, Eyes $15B Valuation Target
Polymarket, one of the largest prediction market platforms worldwide, and a recent returnee to the US market, is now reportedly looking to raise $400 million, allowing the company to pursue a $15 billion valuation. The new investment drive comes on the heels of similar news, after the Intercontinental Exchange, the owner of the New York […]
Prediction Markets
April 17, 2026
Fanatics Introduces Combos to Its Prediction Markets Offerings
Fanatics Markets has introduced Combos – a new way for users to trade on its prediction markets platform – enabling customers to bundle multiple individual predictions into one contract. Fanatics Markets Announces the New Combos Feature According to Fanatics Markets, the feature is already live across baseball, boxing, football, hockey, MMA, basketball, soccer, and tennis, […]
Prediction Markets
April 16, 2026
Kalshi Reveals New Features to Prevent Children from Using the Platform
Speaking at the Semafor World Economy conference in Washington, DC, earlier this week, Tarek Mansour – co-founder and CEO of the prediction market firm Kalshi – said the company is introducing new measures to prevent minors from accessing its platform. Parents will have the ability to verify whether their personal information is being used by […]
