Prediction Markets

Key Points During the week ending May 18, Kalshi controlled 70.8% of total prediction market activity. The platform handled $3.99 billion in notional trades, while Polymarket slid 15% from the previous week to $1.65 billion, pushing the gap between both firms much wider. Sports trading, alongside Kalshi’s fast-growing “Exotics” contracts built around combo-style wagers, powered […]

Key Points India has moved to cut off access to Polymarket after the Ministry of Electronics and Information Technology directed action against prediction market platforms classified as banned online money gaming services under the Promotion and Regulation of Online Gaming Act, 2025. Authorities are also expected to block Kalshi soon, while VPN providers have received […]

Key Points Betr purchased NFA-registered introducing broker Ascent Capital Management, allowing the company to operate as a CFTC-registered introducing broker while speeding up the launch of prediction markets powered by Polymarket technology inside its gaming super app. Through the acquisition, Betr avoids waiting through the extended NFA approval process and moves beyond sportsbook and casino […]

Key Points Polymarket has launched prediction markets tied to private company milestones such as valuations, IPO timing, and secondary-market activity, targeting major unicorn firms including OpenAI, SpaceX, and Anthropic. Nasdaq Private Market will act as the exclusive resolution data provider, supplying valuation and transaction data that determines contract outcomes and powers market accuracy. The move […]

Key Points Polymarket reopened US iOS access, allowing users to trade event contracts without invitation codes or waiting lists after a long-restricted rollout stage. The return became possible after its $112 million QCEX acquisition restored infrastructure aligned with CFTC rules following a $1.4 million penalty and years of offshore activity. Even with rising trading activity […]

Key Facts Mark Thomas, co-founder of ZenSports, started Badass Capital (BA Capital Fund), an AI-first hedge fund focused on sports betting, crypto trading, TradFi strategies, and prediction markets by using his own money with small outside investment. The fund presents itself as a system-led and AI-powered trading setup where models and agents manage pricing, research, […]

Key Highlights Polymarket entered a multi-year partnership with Serie A USA and became the Italian football league’s official and exclusive prediction market partner across the United States. The agreement also includes official league data delivered through Genius Sports together with integrations across Serie A’s U.S. media and digital channels. Through this partnership, Polymarket pushed harder […]

The Pennsylvania Gaming Control Board has urged the Commodity Futures Trading Commission to take action against prediction markets, arguing that they function as unregulated sportsbooks. Therefore, these platforms put vulnerable groups, especially young players at risk. In comments submitted to CFTC Secretary Christopher Kirkpatrick, Executive Director Kevin F. O’Toole said platforms offering contracts on event […]

Key Points Slotegrator launched Predictor, a P2P prediction market engine available for pre-order, letting operators provide binary event betting with automatic odds movement and commission-based revenue. The platform works through an AMM/LMSR protocol where user activity controls odds movement, reflecting the “wisdom of the crowd” used by Polymarket and Kalshi. Predictor targets sportsbooks trying to […]

French authorities have launched an investigation after a bettor won $34,000 on a weather-based wager, raising concerns about possible manipulation of temperature data at Charles de Gaulle Airport. The case centres around activity on Polymarket, where users placed high-value bets tied to recorded daily temperatures. Since early April, unusual spikes in evening readings at the […]