Bobby Allyn / NPR ·
Federal regulators have launched a review of so-called "mention markets" on prediction market sites …
J.J. McCorvey / Bloomberg ·
Kalshi was told by a judge to stop offering most of its prediction market contracts in Washington state, after regulators …
Yueqi Yang / The Information ·
Kalshi, the biggest prediction market, is in advanced talks to raise at least $750 million in a new financing round at a $40 billion valuation …
Sharon LaFraniere / New York Times ·
The agency that polices the industry does not have the staffing, the legal tools or the will to broadly crack down on wagers that are easily manipulated, experts say.
Sumedha Mukherjee / Reuters ·
Flight-tracking company FlightAware withdrew its lawsuit against Kalshi on Tuesday, a day after it filed the suit that accuses …
Wall Street Journal ·
Probe targets the marketing practices of four prediction markets with operations in the city
Yueqi Yang / The Information ·
World Cup wagers helped double Kalshi's revenue to a more than $4 billion annualized rate in July, from a pace of over $2 billion two months earlier, a person familiar with the matter said.
Jack Morphet / Wall Street Journal ·
FlightAware says such markets could incentivize unsafe tactics to impact cancellations and create the potential for disruption to air travel
Jordyn Holman / New York Times ·
Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T. …
Mike Isaac / New York Times ·
Mr. Zuckerberg's plans for Arena, a prediction markets app that Meta is building, also include appealing to 18- to 34-year-old users.
Yueqi Yang / The Information ·
Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November …
Nathan Bomey / Axios ·
Kalshi announced Friday that it will begin offering perpetual futures contracts
Bloomberg ·
Polymarket, the long-time leader in prediction market trading volume, has fallen behind its chief rival as it faces a growing list …
The Information ·
The predictions site Polymarket is talking to investors about raising $400 million in funding at a valuation of about $15 billion including …
Nate Raymond / Reuters ·
A federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state …
Bloomberg ·
Kalshi Inc. has secured a license allowing it to offer margin trading to users, a feature that would make the prediction market platform …