Polymarket Sees $3M in Bets on Potential Hantavirus Outbreak After Cruise Cases
Prediction markets are wagering heavily on a possible hantavirus outbreak after cases emerged aboard an Atlantic cruise. Polymarket users have placed...
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Kalshi Faces $22 Billion Valuation Challenge in Massachusetts Court Over Sports Betting Classification
Kalshi, a prediction markets platform valued at $22 billion, argued before the Massachusetts Supreme Judicial Court on May 4 that its sports-related '...
Study Reveals Most Americans Lose Big in Prediction Market Gambling Boom
A Wall Street Journal analysis shows that 67% of profits on Polymarket go to just 0.1% of accounts, while casual users lose heavily to professionals a...
Campaign Staffers Profit from Betting on Their Candidates Using Insider Polls
Campaign staffers are increasingly betting on their own candidates using nonpublic polling data, earning thousands of dollars before favorable results...
Patriots Coach Mike Vrabel's Week 1 Hiring Odds Drop to 64% on Kalshi After TMZ Report
Mike Vrabel's chances of becoming the New England Patriots head coach in Week 1 have fallen from 77% to 64% on Kalshi after a TMZ report surfaced abou...
Hyperliquid’s Prediction Markets Surge Past Rivals Kalshi and Polymarket with $6B Daily Volume
Hyperliquid has launched its first prediction market contracts, outperforming Kalshi and Polymarket in early trading. The move signals a major shift i...
Kalshi Strengthens Age Verification to Block Minors from Prediction Markets, Resists Broader Restrictions
Kalshi is rolling out new tools to prevent minors from accessing its prediction market platform, including facial recognition and user verification me...
Mike Vrabel's Patriots Future in Doubt: Prediction Markets React to Coaching Uncertainty
Prediction markets Kalshi and Polymarket show growing skepticism about Mike Vrabel remaining as the New England Patriots' head coach. With Vrabel's od...
Senate Bans Senators from Prediction Market Bets Amid Ethics Concerns
The U.S. Senate unanimously voted to prohibit its members from betting on prediction markets, following reports that three congressional candidates ha...
Federal Government Sues States to Defend Prediction Markets Against Gambling Restrictions
The U.S. Commodity Futures Trading Commission (CFTC) is suing states that seek to restrict prediction markets like Kalshi, arguing federal jurisdictio...
NBA, NFL, MLB Unions Urge CFTC to Ban Betting on Player Underperformance
Professional sports unions representing NBA, NFL, MLB, NHL, and MLS players have petitioned the CFTC to prohibit prediction market platforms from allo...
Study Reveals Polymarket’s Top 3% Dominate Profits, Leaving Most Bettors Losing Money
A new study by London Business School and Yale researchers finds that just 3.14% of Polymarket users capture over 30% of profits, while two-thirds of...
Prediction Markets vs. Sportsbooks: Why Gambling Addicts See No Difference
Former sports bettors turned to prediction markets like Kalshi and Polymarket, only to relapse into destructive gambling habits. Clinicians warn that...
Why Media Outlets Are Partnering with Prediction Markets—and the Risks Involved
Major news organizations like CNBC, CNN, and Fox News are forming partnerships with prediction market platforms such as Kalshi and Polymarket. While t...
Kalshi Launches Bitcoin-Powered Prediction Markets to Challenge Traditional Crypto Exchanges
Kalshi’s head of crypto, John Wang, argues that regulated prediction markets offer a more intuitive way to trade Bitcoin than traditional spot exchang...
AI Traders Struggle in Real-World Prediction Markets, Study Finds
A new study from Cornell University reveals that six leading AI models lost between 16% and 30.8% when trading on prediction markets like Kalshi. Whil...
Congressional Candidates Suspended and Fined for Betting on Their Own Elections on Kalshi
Three congressional candidates placed bets on their own election outcomes on the prediction market Kalshi, leading to fines and five-year suspensions....
Kalshi Suspends Three Political Candidates for Insider Trading on Prediction Market Platform
Prediction market Kalshi has suspended three political candidates for insider trading, alleging misuse of campaign information for bets. Two settled w...
New York Demands $3.4B in Crypto Fines as Prediction Markets Shift to High-Leverage Derivatives
Prediction market giants Kalshi and Polymarket are introducing perpetual futures—highly leveraged crypto derivatives—amid a legal battle over whether...
Crypto Perpetual Futures Race: Kalshi, Polymarket, and Hyperliquid Compete for Gambling Super-App Dominance
Kalshi and Polymarket are expanding into crypto perpetual futures, while Hyperliquid integrates outcome token trading. These platforms are converging...
Prediction Market Giants Kalshi and Polymarket Launch Crypto Perpetual Futures in High-Stakes Race
Kalshi and Polymarket, two leading U.S. prediction market platforms, are launching crypto perpetual futures within days of each other. Kalshi will deb...
Kalshi CEO Tarek Mansour to Headline Bitcoin 2026 with Prediction Market Insights
Kalshi CEO Tarek Mansour will join BTC Inc. CEO Brandon Green for a fireside chat at Bitcoin 2026 on April 27 in Las Vegas. The session will explore p...
Silicon Valley’s $24/7 News Livestream: How Tech Billionaires Are Replacing Cable News
Silicon Valley venture capital is funding a 24/7 livestream on X, led by Andreessen Horowitz, as tech elites bet big on real-time news as a monetizabl...