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Business
June 25, 2025
Polymarket Closes in on $200M Raise as Prediction Markets Heat Up
Polymarket is nearing the finish line on a funding round that will bolster the crypto-backed prediction market with $200 million, valuing it at over $1 billion. This newest update, first reported by Bloomberg and Reuters, reportedly originates from a source with direct knowledge of the negotiations, who revealed the information on condition of anonymity. Business […]
Industry
April 1, 2025
William Hill, Polymarket Offer Betting on Trump Serving a Third Term
UK operator William Hill and prediction market Polymarket have launched betting markets on US President Donald Trump serving a third term. While this would require significant changes to the Constitution, the markets offer some tempting payouts, should it happen. William Hill Believes There Is a Chance William Hill has become the first bookmaker in the […]
Industry
March 3, 2025
Prediction Markets Ask You to Bet on the Pope’s Health and Successor
Prediction markets came with a promise to make it fun to place a bet on the outcome of certain events that lay outside the purview of most legalized sportsbooks in the United States – politics comes to mind. Betting on Pope’s Health Raises Objections, Generates Money Kalshi launched its offer just in time for the […]
Industry
February 4, 2025
Belgium Adds Polymarket to List of Banned Websites
Belgium’s gambling regulator, the Kansspelcommissie, has added the world’s largest prediction market, Polymarket, to its list of blacklisted sites. This means that access to the website will be blocked for players in the country. According to the authority, this decision came after several warnings. Polymarket Has Been Trending Since the US Elections Polymarket offers prediction […]
Industry
December 17, 2024
Justin Trudeau Eyes Resignation, Betting Markets Available
Justin Trudeau is rumored to be considering an exit as leader of the Liberal Party. According to reports, this consideration was prompted by the recent resignation of Chrystia Freeland as finance minister. Freeland Quit as Finance Minister The Canadian PM reportedly told Freeland that he doesn’t want her as a finance minister, offering her another […]
Industry
December 10, 2024
Polymarket Releases Betting on UnitedHealthcare CEO Killer’s Arrest
The murder of UnitedHealthcare CEO Brian Thompson is certainly one of the most talked-about events right now. While many were shaken by the brutal killing, fearing that it highlighted increasing lawlessness, there were also some people online who actually showed sympathy for the killer. For Polymarket, it’s business as usual. Mangione Is Believed to Be […]
Legal
November 25, 2024
Polymarket Restricts French Users Following ANJ Probe
Polymarket, a leading crypto-based real-world event prediction platform, has taken steps to block French users in response to an investigation by France’s National Gaming Authority (ANJ) into its compliance with the country’s gambling laws. The platform, which allows users to bet on political, sports, and other events, has faced ever-increasing scrutiny, including in the USA. […]
Legal
November 14, 2024
FBI Raids Polymarket CEO’s Home amid Illegal Betting Investigation
In a dramatic early morning operation, federal agents raided the New York apartment of Polymarket CEO Shayne Coplan, seizing his phone and electronic devices. The raid happened at 6 am on Wednesday, as Coplan, 26, was awakened by FBI agents who demanded he surrender his electronics. Though Coplan wasn’t arrested, such action further strains Polymarket’s […]
Industry
November 7, 2024
ANJ Could Hit Polymarket with Ban Over Gambling Concerns
Popular prediction market platform Polymarket could be facing a potential ban in France amid gambling concerns. L’Autorité Nationale des Jeux (ANJ), France’s National Gambling Authority, which is responsible for regulating all forms of gambling within the country, has also raised legal concerns over Polymarket as significant bets on political outcomes have put the platform under […]
Business
September 25, 2024
Polymarket Seeks $50M in Funding, Plans to Launch In-House Crypto Token
Crypto betting specialist Polymarket is reportedly seeking additional funding ahead of the US presidential election. The report further suggests that the company is considering launching its own crypto token. Polymarket Seeks to Enhance Its Business Ahead of the Election According to The Information, a technology news outlet, Polymarket hopes to acquire some $50 million in […]
