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Polymarket, Kalshi expand political donations as firms face state, federal scrutiny
By Douglas Gillison WASHINGTON, Oct 22 (Reuters) - Prediction market operators Kalshi, Polymarket and their founders have given at least $5 million combined to Republican and Democratic political
Patriots vs. Raiders Odds: FanDuel, Kalshi, Polymarket and Prediction
The New England Patriots are favored to get back above .500 on Sunday, but the Week 5 betting board is sending a more cautious message about how comfortable that victory might be.New England enters at 2-2, while the Las Vegas Raiders are 3-1 and have covered the spread in all four games.The Patriots also head […] The post Patriots vs. Raiders Odds: FanDuel, Kalshi, Polymarket and Prediction appeared first on HEAVY.
Bets on midterm endorsements, rallies, dropouts and debates raise insider trading concerns
Super-specific midterm “knowable” markets have attracted more than $20 million in trading volume, according to an analysis from the Anti-Corruption Data Collective.
Prediction markets spend millions to influence state, federal governments
Kalshi, Polymarket and the Coalition for Prediction Markets have spent at least $3 million this year on lobbying and campaign contributions across the federal and state levels, according to a
Victor Wembanyama slams players promoting sports betting weeks after LeBron James announces Polymarket deal
Victor Wembanyama made his stance on sports betting very clear. On Thursday, the Spurs superstar spoke to reporters at training camp and answered whether he’d ever sign a deal with...
New York, Polymarket clash over who gets to regulate prediction markets
A legal fight between New York and prediction market Polymarket is raising a larger question over the rapidly growing industry.
New York sues prediction market Polymarket
The lawsuit is the latest legal challenge to rein in betting apps.
‘The first prediction-market election’: How Kalshi and Polymarket scrambled the midterms
Wagering is affecting nearly every aspect of the midterms — from campaigns to election officials, voters, donors and traders — according to interviews with 20 people involved in elections and prediction sites.
Prediction markets’ trading volume doubled between May and July, largely driven by sports
Prediction market trading on Kalshi and Polymarket doubled from May to July, mostly due to a large uptick in sports trading.
New $50 Polymarket invite code “CUSE” extended for MLB, Bills, and politics odds
The Polymarket promo code CUSE has been extended through this week for all markets—deposit $10, get a $50 bonus, and trade Mariners–Angels tonight.
Exclusive | Cluster of Polymarket Accounts Won Big on Companies Audited by KPMG
Findings come after The Wall Street Journal reported that a KPMG employee is under investigation for alleged insider trading.
LeBron James is partnering with prediction platform Polymarket
PHILADELPHIA — Where LeBron James would choose to play the final years of his storied career was a fixture on prediction markets this summer. Now, James could benefit from the
Polymarket Promo Code SBWIRE Get $50 Bonus for NFL Week 1, Politics & More
Use Polymarket promo code SBWIRE to bypass the waitlist and turn a $10 deposit into a $50 trading bonus. Here's how the offer works and what's live now.
Polymarket Promo Code SBWIRE Get $50 Bonus for NFL Week 1, Politics & More
Use Polymarket promo code SBWIRE to bypass the waitlist and turn a $10 deposit into a $50 trading bonus. Here's how the offer works and what's live now.
LeBron James Joins Polymarket as Prediction Markets Court Sports' Biggest Stars: Here's What We Know
On Saturday, four-time NBA champion and four-time Olympic medalist LeBron James announced an upcoming partnership with Polymarket, the prediction market platform. James posted a 14-second video on X showing him exiting an elevator at “Polymarket HQ,” with floor buttons labeled...
Kalshi Won’t Take Bets on Supreme Court Case Threatening Its Business. Polymarket Might.
A Kalshi spokesperson says the platform won’t offer a market predicting whether the Supreme Court will hear a case regarding sports prediction markets or a market on the decision in that case.
Kalshi, Polymarket, growing as political platforms
How election pollsters think about about the rise of prediction markets.
Political operatives warn campaigns: Don’t trust prediction markets
Political prediction markets like Kalshi and Polymarket are gaining traction, but campaign operatives warn their election odds can be misleading.
Polymarket Promo Code SBWIRE Get $20 Bonus for NFL, Politics & More For August
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $20 bonus with a $10 deposit welcome offer. Start trading prediction markets immediately.
Baltimore lawsuits allege illegal sports betting, prediction market gambling on Kalshi, Polymarket
The city of Baltimore is suing two companies over allegations of illegal sports betting and prediction-market gambling.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Baltimore sues Kalshi and Polymarket for offering unlicensed sports betting
The battle between sportsbooks and prediction markets continues, in the form of states and local governments attempting to shut down what arguably amounts to unlicensed bookmaking.
Polymarket Promo Code SBWIRE Get $20 Bonus for NFL, Politics & More For August
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $20 bonus with a $10 deposit welcome offer. Start trading prediction markets immediately.
Polymarket Promo Code SBWIRE Get $20 Bonus for NFL, Politics & More For August
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $20 bonus with a $10 deposit welcome offer. Start trading prediction markets immediately.
Polymarket Launches Institute to Advance the Science of Prediction Markets
/PRNewswire/ -- Polymarket, the world's largest prediction market, today announced the launch of the Polymarket Institute, a first-of-its-kind research...
Will Lazio Continue to Receive Funds From Polymarket?
While Polymarket no longer appears on the official Lazio website, an insider claims the agreement between the two parties remains in effect.Lazio & Polymarket Collaboration Turns Sour After Blacklisti...
Sports betting industry spending on US midterm elections surpasses $72 million
DraftKings, FanDuel and other online sports betting companies have ramped up election spending on the U.S. midterms to at least $72 million so far, the latest campaign election data shows, as prediction markets like Kalshi and Polymarket bring fresh scrutiny — and competition — to online betting.
Premier Lacrosse League Quietly Struck Exclusive Deal With Polymarket
The deal with the Premier Lacrosse League was signed earlier this year.
Polymarket Promo Code SBWIRE Get $50 Bonus for World Cup, Politics & More For July 13
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $50 bonus with a $20 deposit welcome offer. Start trading prediction markets immediately.
$50 Polymarket referral code “OREGON” extends invite bonus to politics
Polymarket invite code OREGON unlocks a $50 bonus on $20, now extended to politics. See live Polymarket All-Star Game and 2028 Republican nominee odds.
Polymarket Promo Code SBWIRE | $50 Bonus for Today's World Cup, Politics & More (July 3)
Use Polymarket promo code SBWIRE to skip the waitlist AND claim a $50 bonus with a $20 deposit. Start trading prediction markets immediately.
Meta's Zuckerberg enters the prediction market arena
Mark Zuckerberg is launching his next major project: a betting platform modeled after Polymarket. The prospects for success are good, alarming experts.
Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney
A recent Wall Street Journal investigation found that the prediction market hired influencers to stage fake trades as part of its marketing campaign to attract U.S. users.
Prediction markets surge in US as public health advocates call for support to combat gambling
Platforms like Kalshi and Polymarket operating in areas with limited resources for people with gambling problems
Easy money or risky business? What can Hong Kong do as prediction markets boom?
Despite official warnings ahead of World Cup, Polymarket and Kalshi remain popular with residents who bet on everything from politics to weather.
Polymarket Launches Its First Entertainment Podcast: 'What Are the Odds?'
The company clearly hopes to expand its outreach to women.
GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
Prediction markets are skeptical of California's billionaire tax
Kalshi and Polymarket bettors are unsure if California Gov. Gavin Newsom can prevent a proposed billionaire tax from reaching voters.
Congo’s Shock Tie With Portugal Won A Polymarket Bettor $1 Million
The Democratic Republic of the Congo managed a 1-1 draw against No. 5-ranked Portugal in the World Cup.
Cape Verde's Shocking Tie With Spain Cost Polymarket Bettor $1 Million
The small nation of Cape Verde managed a draw against Spain, a World Cup favorite.
Politics, Pressure, Polymarket: Inside UFC’s $60M White House Spectacle
After many twists and turns, UFC is grappling its Freedom 250 event on the South Lawn of the White House into reality.
Gamification and memes lure young people to sports wagering apps, prediction markets
When Rory McIlroy won the Masters for the second year in a row, Kalshi shared a photo of him on Instagram with the words, “Wait he’s goated.” When a video of NBA player Damian Lillard recovering from an injury circulated online, Kalshi’s main competitor Polymarket posted, “The league is cooked.”
Prediction markets and sports wagering apps draw young users with gamification and memes
Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at 18 despite most U.S. states restricting gambling to 21 and older.
Senate Hearing on Sports Betting Shows CFTC Should Not Regulate Gambling
WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement following a Senate hearing on sports betting: “When Americans wager on Kalshi and Polymarket on the outcome of hockey or football games, they overwhelmingly view it as sports betting, not trading in financial derivatives. They recently made this view known to
Prediction markets face a ban in one state, but the fight's not over
The CFTC is suing Minnesota and Gov. Tim Walz over a ban on prediction markets like Polymarket and Kalshi, set to take effect in August.
How Prediction Markets are Colliding With California and National Politics
Prediction markets have exploded in recent years, with platforms like Polymarket and Kalshi allowing people to put real money on everything from sports outcomes to election results to armed conflicts overseas. Marisa, Scott and Guy discuss how these markets are influencing state and national politics. Then, they’re joined by Kate Knibbs, senior writer at WIRED, to understand who’s governing these platforms and how they’ve managed to flourish even in states where gambling is illegal. Check out
Senate bans members and staff from betting in prediction markets
Prediction markets, including the betting platform Polymarket and its chief rival Kalshi, have come under scrutiny as the business has expanded.
Democrats urge CFTC to rein in prediction markets sports betting, insider trading
Sen. Jeff Merkley, D-Ore., led a letter — first reported by CNBC — to the CFTC asking for stricter rules for companies like Kalshi and Polymarket.
As Sports Leagues Hitch to Polymarket, Scrutiny Grows
President Donald Trump criticized prediction markets this week after the DOJ charged a user who allegedly broke platform rules and U.S. laws.
Kalshi blocked Gannon Van Dyke, soldier charged in Polymarket trades
Gannon Van Dyke was blocked by Kalshi but got onto Polymarket and allegedly profited off trades informed by military secrets.
Wisconsin DOJ sues Kalshi, other prediction markets for illegal online sports betting
Wisconsin is suing Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com for allegedly illegally facilitating sports betting on their prediction market platforms, the state’s Department of Justice announced this week.
Trump weighs in on Polymarket Insider trading arrest: ‘The whole world unfortunately has become somewhat of a casino.’
Wisconsin DOJ suing sports betting apps
The Wisconsin Department of Justice announced on Thursday that they are suing sports betting apps like Kalshi, Polymarket, Crypto.com and others to try and stop their alleged facilitation of illegal sports betting.
$119 Polymarket bet becomes $21K after unusual Paris temperature spike
A Polymarket trader made a long shot bet on the highest temperature in Paris shortly before an unexplained spike, reaping a $21,000 profit.
Trump's threats against Iran are a boon for prediction markets, including some backed by his son
Traders flocked to Polymarket this month to bet on whether Trump really was going bomb Iran back to the Stone Age or just call a ceasefire.
Kalshi fines 3 congressional candidates for wagering on their own elections
It is the latest high-profile case of alleged insider trading on prediction markets, including Kalshi and Polymarket.
Gary Gensler Paved the Way for Prediction Markets. Sports Betting Wasn’t Part of the Plan.
Kalshi and Polymarket say their sports bets are allowed under federal law. States argue otherwise. The designer of the law is weighing in.
Polygon Labs in Talks to Raise Up to $100 Million for Payments Business
Polygon Labs, developer of the blockchain that underpins prediction market Polymarket and other crypto platforms, is in early talks with investors to raise as much as $100 million to build a new stablecoin payments business, according to people familiar with the talks. The funding discussions ...
How polling failures, gambling legalization and political gridlock paved the way for the explosive rise of prediction markets
While media outlets are signing deals with Polymarket and Kalshi for their insights into the wisdom of crowds, gamblers are pouncing on opportunities to wager on geopolitics and celebrity weddings.
Someone made nearly $1M on Polymarket with bets on Iran strikes. They won 93% of the time.
Senators introduce bill to ban sports betting on prediction markets
The new bill would amend the Commodity Exchange Act to ban prediction contracts related to sports events or casino-style games.
List: The 6 bills that lawmakers have proposed on prediction markets
From banning lawmakers from Polymarket and Kalshi, to getting rid of sports trading, lawmakers have a variety of proposals for prediction markets.
MLB further embraces sports betting in deal with prediction platform Polymarket
MLB is currently mired in a betting scandal involving several pitchers. MLB and Polymarket execs say deals like this make the game safer.
MLB reaches agreements with Polymarket, federal commission
MLB has named Polymarket as the league's official prediction market exchange and announced an information sharing agreement with the CFTC, the federal body that oversees the growing industry.
Polymarket is turning to Palantir to stem illegal sports betting as insider trading scrutiny grows
The move is a reversal of the company’s previous stance that the platform could self-police.
Popular prediction markets take heat from lawmakers
Kalshi and Polymarket are surging in popularity, but some lawmakers in Washington want to put regulations on prediction markets
Kalshi and Polymarket are skirting laws on sports betting, states say
Online prediction markets allow users to put money on the outcome of almost anything — this weekend’s NBA game between the Warriors and the Thunder, the next supreme leader of Iran, whether the government will confirm the existence of aliens. But those markets have no state oversight and operate even in states that ban gambling. […]
Kalshi and Polymarket are skirting laws on sports betting, states say
Online prediction markets allow users to put money on the outcome of almost anything — this weekend’s NBA game between the Warriors and the Thunder, the next supreme leader of Iran, whether the govern...
Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket
Novig’s Series B values the startup at $500 million with backing from Pantera Capital, Multicoin, and Forerunner.
Trump administration backs Kalshi and Polymarket as states move to ban prediction markets
The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry and states that wish to ban these platforms.
Kalshi and Polymarket Are Eating Sports Gambling
The Trump administration says prediction markets are something different. Do their users agree?
Prediction Markets and Casinos Go to War Over Sports Betting
Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.
Wanna bet? Super Bowl gamblers find a way around bans thanks to prediction markets
Though California residents have emphatically said no pro and college wagers, Kalshi and Polymarket see opportunity.
Predictions market regulator scraps proposed ban on sports contracts, says new rules are coming
Contracts on live sports offered by Kalshi, Polymarket and others have drawn comparisons to the wave of legalized sports betting in the U.S.
MLS, Polymarket join forces in prediction markets
MLS emphasized integrity as gambling scandals rock the sports world.
This NFL Season’s Fiercest Rivalry Is Sports Betting vs. Prediction Markets
Polymarket and Kalshi are challenging FanDuel and DraftKings for a lucrative business.
Kalshi and Polymarket race to crack ‘parlays’ as stakes rise in sports betting
Prediction market providers strive to boost liquidity so they can take on gambling giants with multi-leg bets
Unregulated gambling on politics: What could go wrong?
Prediction markets like Polymarket and Kalshi are becoming a regular fixture in American politics. Sure seems a lot like betting to me.
Kalshi's CEO compared his company's 'net positive' rivalry with Polymarket to Tom Brady and Eli Manning
Tarek Mansour explained how prediction market rival Polymarket has encouraged his company to work harder.
Battle for sports betting market heats up as Polymarket announces return to the U.S.
The prediction market giant rolls out mobile platform almost four years after regulators banned it from the U.S.