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Sports
October 8, 2025
Kalshi Sues Ohio Regulators Over Limits on Prediction Market Activities
Kalshi, an online prediction market, has taken legal action in a federal court against the Ohio Casino Control Commission and the state Attorney General. The lawsuit claims that Ohio authorities have overstepped their authority by restricting Kalshi’s ability to sell “event contracts” connected to sports results. Ohio’s Crackdown on Kalshi Sparks Federal Lawsuit Over State […]
Business
October 7, 2025
NYSE Owner ICE Invests $2B in Polymarket
Intercontinental Exchange (ICE), a leading global provider of technology and data, has unveiled a huge investment in prediction market platform Polymarket. This comes as the platform prepares to return to the US and capitalize on emerging opportunities in this lucrative market. ICE Makes an Unprecedented Investment ICE, which is a Fortune 500 company that owns […]
Business
October 3, 2025
Polymarket Set for US Relaunch After Regulatory Clearance
Prediction platform Polymarket is preparing to reopen in the USA nearly four years after regulators forced it to suspend its operations in the country. Documents filed in September and statements from company officials suggest that the relaunch could be imminent. This move will likely serve as a test for the broader prediction sector as it […]
Industry
October 1, 2025
Colombian Gambling Authority Makes ISPs Block Polymarket
Colombia’s gambling authority, Coljuegos, has requested that internet service providers block access to the prediction market platform Polymarket, citing unauthorized betting activities related to electoral events. Coljuegos Makes ISPs Block Polymarket The agency asserts that Polymarket’s political prediction markets violate existing regulations and accuses the platform of conducting unauthorized financial activities, including cryptocurrency-based betting, which […]
Sports
September 26, 2025
South Park’s Latest Episode Takes a Swipe at Prediction Market Apps
The show “South Park” has, for as long as it’s been around, parodied many of the big cultural and societal trends in the US. Currently, the show is in season 27, and in episode five, which aired this week, the main focus was on prediction apps. In the episode, the kids at South Park Elementary […]
Industry
September 15, 2025
Rumors Say Polymarket Considers $9B Valuation While Kalshi Targets $5B
Polymarket and Kalshi, two leading platforms in the prediction market space, are reportedly pursuing new funding rounds at valuations of $9 billion and $5 billion, respectively, marking a huge growth compared to just relatively recently. Polymarket and Kalshi Eye Multi-Billion-Dollar Valuations According to The Information, Polymarket has received offers valuing the company as high as […]
Business
September 4, 2025
Polymarket Cleared to Relaunch US Prediction Market
Polymarket, the world’s largest prediction market, is making its way back to the US after more than three years on the sidelines. The U.S. Commodity Futures Trading Commission (CFTC) gave the green light on Wednesday, as announced by chief executive Shayne Coplan, clearing its path for relaunch after fixing a series of past regulatory hurdles. […]
Industry
August 28, 2025
Swift Engagement Polymarket Odds Surged Hours Before Announcement
The relationship between NFL tight end Travis Kelce and global pop icon Taylor Swift has drawn significant media attention since they went public in September 2023. Starting December 31, 2024, Polymarket users have been able to place bets on whether the couple would get engaged in 2025. Interestingly, the odds of an engagement spiked by […]
Industry
August 27, 2025
Polymarket Appoints Donald Trump Jr. to Advisory Board
Polymarket, a leading actor in the world of prediction markets, announced recently that Donald Trump Jr. has joined its advisory board and that it has received a strategic investment from 1789 Capital, marking a major milestone for both companies, according to an official statement. Donald Trump Jr. Joins Polymarket The statement from Polymarket also says […]
Sports
August 26, 2025
Botted Bettors Earn $40M Exploiting Polymarket Arbitrage Gaps
A recently published study via open-access archive for 2.4 million scholarly articles arXiv has revealed how a handful of highly active bettors earned close to $40 million by running arbitrage strategies on the blockchain-based predictions platform Polymarket. Over 10,000 Bets Generated $4.2M Profits The research, courtesy of IMDEA Networks Institute’s Oriol Saguillo, Vahid Ghafouri, Lucianna […]
