Prediction Markets

Latest news, analysis and regulatory developments in prediction markets, including platforms such as Kalshi and Polymarket. Coverage includes legal frameworks, compliance issues, and the evolving role of event-based trading within global financial and iGaming ecosystems.

Explore how prediction markets work, their legal status, and how they differ from traditional gambling in our prediction markets guide and prediction markets regulation guide.

Prediction Markets Undergo Increased Scrutiny From European Regulators Prior To World Cup

Nine European gambling regulators have issued a joint warning on prediction markets regulation ahead of the 2026 FIFA World Cup. The statement was released by regulators in Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, Spain and Switzerland.  These authorities said they expect betting activity to rise sharply during the tournament and expressed concerns about […]

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DraftKings Predictions Reaches $3.1bn Trading Volume In May As Competition Intensifies

DraftKings has announced that its prediction market business achieved strong growth, with annualised trading volume on DraftKings Predictions reaching $3.1 billion in May 2026. According to figures released by the company, annualised trading volume increased by 34% compared with April. Annualised consumer trading volume also rose 24% month-on-month to $1.3 billion. DraftKings Predictions launched in […]

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Kalshi Introduces New Integrity Controls To Detect Insider Trading

Prediction markets platform Kalshi has introduced a new set of integrity measures to improve oversight as interest in event-based trading increases. The company announced the changes on 9 June following recommendations from its independent Surveillance Audit Committee. According to Head of Enforcement Robert DeNault, every market will undergo a formal review process before launch. Under […]

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Polymarket Cuts Ties With George Santos Amid Insider Trading Investigation

Prediction markets faced renewed scrutiny this week following reports that former US Congressman George Santos is under investigation over alleged trading activity linked to his attendance at the State of the Union address. The controversy centres on a market offered by Kalshi ahead of President Donald Trump’s speech on 24 February. Millions of dollars were […]

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Sportradar Enters Prediction Markets Through Kalshi Partnership

Sportradar has officially entered the prediction markets sector through a new global partnership with Kalshi, following months of speculation. The company already holds a strong position in sports betting technology and recently expanded its ambitions further through the launch of a dedicated iGaming division. Under the partnership, Kalshi will gain access to products from Sportradar’s […]

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FanDuel Predicts Brings in Crypto.com as World Cup Opens New Prediction Market Window

Key Points FanDuel Predicts has added Crypto.com’s CFTC-regulated OG Prediction Markets as a second contract provider alongside CME Group, with new markets going live this week. The platform now operates in all 50 US states, offering sports contracts in 18 states where online sports betting remains unavailable, including California, Texas and Florida. Flutter Entertainment has […]

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DraftKings Jumps as Prediction Markets Enter the Mainstream

Key Points DraftKings shares rose as much as 10% intraday on 9 June, with annualised prediction markets volume reaching $3.1bn in May, up 34% month-on-month. The stock move arrives against a backdrop of bipartisan Senate legislation, a co-founder publicly branding rivals “niche as f***”, and a $22bn-valued Kalshi accused of corporate espionage by Polymarket. DraftKings […]

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Indonesia Just Crushed Polymarket After Explosive Prabowo Bet

Key Points Indonesia moved to block Polymarket after the platform allowed users to place bets on whether President Prabowo Subianto would leave office before his term ends in 2029. Authorities described the activity as online gambling because it involved “betting and speculation over events that are inconclusive.” Officials widened the crackdown beyond the platform itself. […]

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Spain’s Sudden Crackdown on Polymarket and Kalshi Shakes Prediction Markets

Key Points Spain’s gambling watchdog moved to temporarily block Polymarket and Kalshi after opening formal sanction procedures against both firms. Regulators argued that the companies provided gambling services without securing the administrative approval required under Spanish law. Other concerns cited included those regarding consumer safety due to a lack of identification verification; weak measures to […]

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