Prediction Markets & Gambling Platforms
Regulation, funding and growth of prediction markets and sports betting platforms.
27 events across this topic and its sub-topics
- Single source3 days ago
Small trades move thin election contracts on prediction markets
Prediction market traders are placing bets on U.S. election outcomes through contracts that violate federal gambling and securities law.
CNBC
- Single source3 days ago
Ballon d'Or organizers probe suspicious wagers that nailed top-five finishers
UK authorities investigate suspicious betting on Ballon d'Or award, with £149,000 in winnings flagged.
The Guardian
- Single source3 days ago
Prediction market Kalshi seeks to overturn 1958 onion futures ban
Kalshi seeks repeal of 1958 onion futures ban to launch prediction markets on agricultural commodities.
The New York Times
- Single source4 days ago
Polymarket trading halts due to technical outage days before midterms
Polymarket halts trading after outage on its international exchange platform.
CNBC
- Single source4 days ago
Kalshi valued at $40 billion, up eightfold in a year
Prediction market platform Kalshi valued at $40 billion in new funding round.
CNBC
SPONSORED
- Single source4 days ago
Kalshi raises $1 billion, valued at $40 billion despite legal battles
Kalshi, a prediction market platform, commands a $40 billion valuation from investors amid speculation over a potential IPO.
The New York Times
- Single source6 days ago
CFTC reopens investigation into Polymarket's U.S. user access
CFTC opens fresh investigation into Polymarket's U.S. user access despite offshore structure.
CNBC
- Single source6 days ago
Prediction markets give Democrats two-to-one odds for Congress control
Prediction markets favor Democrats to control both chambers of Congress in the coming election.
CNBC
- Single source6 days ago
Polymarket hires ex-FBI official to police insider trading on election bets
The prediction market platform has examined numerous election cases and recruited a former FBI investigator to prevent political figures from exploiting nonpublic information.
NPR
- Single source7 days ago
NBA partners with Kalshi and Polymarket for prediction betting
NBA partners with prediction market platforms Kalshi and Polymarket, entering regulated and unregulated betting venues.
CNBC
SPONSORED
- Single source12 days ago
Young investor's $50 sports wager balloons into hundreds in losses
Young investor's $50 sports bet spiraled into hundreds in losses, illustrating retail betting risk.
CNBC
- Single source13 days ago
Kalshi traders boost Le Pen odds for 2027 French presidency as turmoil spreads
Betting markets show increased probability of Marine Le Pen winning France's next presidential election as civil unrest intensifies.
CNBC
- Single source17 days ago
Prediction markets assign majority odds to Tesla-SpaceX combination by early 2027
Prediction market odds on a Tesla-SpaceX merger exceed 50% for early 2027.
CNBC
- Single source21 days ago
Options traders place large wager on Snap stock climbing 30 percent
Large trade executed in Snap shares as stock surges.
CNBC
- Single source24 days ago
Prediction market platform Kalshi hires ex-FBI official for compliance
Kalshi hires former FBI agent to strengthen anti-money-laundering compliance.
NPR
SPONSORED
- Single source25 days ago
Crypto regulator faces staff cuts amid expanding market oversight duties
Cryptocurrency and prediction markets are growing while their regulatory oversight shrinks, creating a compliance gap.
NPR
- Single source27 days ago
Bundled event contracts fuel prediction market trading activity
Event contract bundles are driving higher trading volume on prediction markets.
CNBC
- Single source27 days ago
Kalshi adds labeling system for thinly traded election prediction markets
Kalshi adds transparency features to election prediction contracts before midterm voting.
CNBC
- Single source27 days ago
Wagering platforms expand into entertainment and celebrity event contracts
Prediction markets are expanding into pop culture betting, creating a new asset class for institutional and retail traders.
MarketWatch
- Single source27 days ago
Edge Markets builds infrastructure to lower liquidation dangers in perpetual prediction markets
A startup is developing technology to help institutional traders manage risks from margin calls on around-the-clock prediction markets.
CNBC
SPONSORED
- Single source28 days ago
Democratic lawmaker proposes legislation restricting election-related wagers by political hopefuls
House Democrat seeks regulatory action on candidate prediction market trades following Kalshi platform penalty.
CNBC
- Single source29 days ago
Young adults embrace sports wagering despite mental health concerns from experts
Gen Z sports betting adoption rises, prompting financial and mental health expert concern.
CNBC
- Single sourceabout 1 month ago
Platform leader links expansion to celebrity-driven marketing initiative
Platform executive attributes growth surge to celebrity-backed marketing campaign featuring Sydney Sweeney.
CNBC
- Single sourceabout 1 month ago
Comer broadens House probe of prediction market trading violations
The House Oversight Committee chair announced he is widening his investigation into insider trading activity within prediction markets.
CNBC
- Single sourceabout 1 month ago
Coinbase Ventures and CMCC Global fund prediction market trading firm Raven
Coinbase Ventures and CMCC Global complete strategic funding round with trading firm Raven.
CNBC
SPONSORED
- Single sourceabout 1 month ago
Polymarket appoints Goldman Sachs veteran to lead institutional expansion
Prediction market platform Polymarket hired Lisa Mantil, a longtime Goldman Sachs executive, to develop its institutional trading business.
CNBC
- Single sourceabout 1 month ago
Appeals court affirms states' power to oversee Kalshi sports wagering platform
A court ruled that states retain regulatory authority over Kalshi's sports prediction contracts, marking the second such decision in weeks.
CNBC