Prediction Markets

Key Points South Korea’s Broadcasting, Media and Communications Review Committee has handed Polymarket a window to submit its legal position before regulators decide whether to push forward with a corrective request under gambling legislation. Enforcement attention has moved away from individual South Korean users investigated in June, now aimed squarely at the platform’s design, operating […]

A Michigan judge has temporarily ordered Kalshi to stop offering sports contracts to residents of the state until at least 13 July. Ingham County Circuit Court Judge Rosemarie Aquilina ruled that Kalshi’s sports contracts fall within Michigan’s gambling framework and therefore must comply with the state’s regulations. A key issue in this case is the […]

On 1 July 2026, the Michigan Gaming Control Board pulled its membership from the NCPG, marking the first time a state gaming regulator has walked out over Kalshi’s admission to the organisation. MGCB Executive Director Henry Williams charged that Kalshi misrepresents unlicensed sports betting as investment activity, a move he said strikes at the foundation […]

Following the FIFA World Cup 2026, Gibraltar has approved ADI Predictstreet to extend its prediction markets into entertainment, culture, weather and selected political events. Germany’s GGL has opened a formal investigation into ADI Predictstreet’s World Cup advertising, and the platform has since blocked access for German users. The Kalshi partnership is widely expected to drive […]

Key Points Mark Zuckerberg met Kalshi CEO Tarek Mansour in 2025 to explore an acquisition, but talks broke down with competing accounts over why the deal fell apart. Meta is developing Arena, a standalone prediction market app powered by AI and operating on virtual points rather than real money. Kalshi’s valuation jumped from $2 billion […]

Key Points Attackers planted malicious code via a compromised third-party vendor, pulling roughly $3.1 million in PUSD from at least 11 wallets and converting it all to ETH. This marks Polymarket’s second confirmed security breach within two months, with a $700,000 private key compromise having already hit the platform in May. The hack landed in […]

Kalshi is seeking a valuation of over $40 billion to make it more valuable than every listed gambling company globally, ahead of a potential public listing next year. The New York-based company was valued at $22 billion in early May, making it the largest business in the prediction markets sector.  If it secures fresh investment, […]

Key Points Kalshi CEO Tarek Mansour stated that the company was in preliminary stages of talking about its IPO, however, an IPO would not take place in 2026, but in 2027 or 2028,” as per the sources. The news comes following the increase in the value of Kalshi from $2 billion in June 2025 to […]

Key Points A separate team of Meta employees led by Mark Zuckerberg has been tasked with creating Arena – a completely separate app with prediction markets that will be isolated from other platforms like Facebook, Instagram, WhatsApp, and Messenger. The platform is set to launch using a points system, but the company is still considering […]

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 […]