Gambling News - 'Prediction markets'
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 […]
Prediction Markets
March 18, 2026
Gamblers Threaten Reporter Over $14M Prediction Bets on Missile Drop
A strange and troubling situation has emerged at the intersection of journalism and online betting, after a reporter said he was pressured to change his reporting to influence the outcome of a prediction market. Over $14M in Wagers According to a report published by The Times of Israel, military correspondent Emanuel Fabian was contacted by […]
Prediction Markets
March 18, 2026
Argentina Enforces Nationwide Ban on Prediction Market Platform Polymarket
Argentina has moved to block access to the prediction platform Polymarket across the entire country following a court decision that found the service operating outside legal boundaries. The ruling issued by a Buenos Aires judge marks the first time a Latin American nation has imposed a full restriction on the site. Argentina Cracks Down on […]
Prediction Markets
March 17, 2026
JPMorganChase Could Introduce Guidelines on Prediction Markets
Prediction markets are in an upswing, and they have as much excitement as they have concerns. Sen. Richard Blumenthal has filed a bill seeking to pass stringent regulations on the segment, whereas former Rep. Mick Mulvaney, an ex-White House chief of staff under the first Donald Trump administration, has launched the Gambling Is Not Investing […]
Prediction Markets
March 17, 2026
Kalshi Seeks Court Order to Halt Arizona Prediction Market Ban
Prediction market operator Kalshi has launched a legal challenge against authorities in Arizona, asking a federal court to block state efforts that could prevent the platform from offering its event-based contracts to residents. Kalshi Seeks Injunction in Clash With Arizona Regulators The company filed its complaint in the United States District Court for the District […]
Prediction Markets
March 16, 2026
Analyst Says Betting Data Providers Will Benefit from Prediction Markets
Some people within the investment community believe that prediction markets are partly responsible for the recent weakness in shares of sports betting data providers. However, according to a report from Citizens Equity Research analyst Jordan Bender, data companies could ultimately benefit from the growth of prediction market platforms. Bender Explains How Data Providers Would Benefit […]