NFL Pushes Kalshi, Polymarket to Limit Manipulation-Prone Sports Markets
[ad_1] Letters to all regulated prediction market platforms offering NFL markets signal a more direct push by the NFL to restrict markets easily subject to manipulation like player injuries and announcer mentions. The National Football League is pushing prediction market platforms to avoid offering certain contracts that the league believes are vulnerable to manipulation. As […]
Kalshi Posts Record $2.9B Week on NCAA Basketball Tournaments as Polymarket Dips
[ad_1] Kalshi posted a new volume record for the week of March 9-15, surging to $2.9B on the back of NCAAB conference tournaments. Meanwhile, Polymarket dipped 6% ahead of the March fed meeting. The weekly total dipped slightly, but the more telling story is Kalshi and Polymarket moved in opposite directions this week, driven by […]
Polymarket Files Federal Lawsuit Against Massachusetts, Questioning State’s Ability To Regulate Event Contracts
[ad_1] The crypto-based prediction market Polymarket is going to battle against the state of Massachusetts. Polymarket’s chief legal officer, Neal Kumar, says the firm has filed a federal lawsuit against the state, highlighting jurisdictional questions about event contracts. “Congress gave the CFTC, not states, exclusive authority over event contracts. These are national markets with critical […]
Polymarket Odds Of January US Gov’t Shutdown Surge To 77%
[ad_1] The spike in Polymarket odds comes just days after United States President Donald Trump said “we’re probably going to end up in another Democrat shutdown.” Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 […]
Portugal Blocks Polymarket Following Presidential Election Trading Surge
[ad_1] Portugal joins growing list of countries restricting the prediction market platform amid regulatory scrutiny and insider trading concerns Portugal’s gaming regulators are moving forward with plans to order the country’s internet service providers to block access to crypto-native prediction market platform Polymarket. The order came following reports of large trading volume in Polymarket’s Portuguese […]
Golden Globes Polymarket Odds Integration Draws Mixed Reactions
[ad_1] The debut of Polymarket probabilities on Sunday’s Golden Globes broadcast put the brand in front of millions of viewers As usual, Sunday’s Golden Globes inspired a lot of reactions on social media, as many posters offered their takes on award winners and various happenings during the ceremony. But a new feature of this year’s […]
Tennessee Orders Kalshi, Polymarket, Crypto.com to Halt Sports Betting
[ad_1] Tennessee’s sports betting regulator has ordered prediction market platforms Kalshi, Polymarket and Crypto.com to halt the offering of sports event contracts to residents of the state. In cease-and-desist letters dated Friday, the Tennessee Sports Wagering Council (SWC) accused all three platforms of illegally offering sports wagering products without holding a license issued under the […]
Pro-Bitcoin leader Machado rises in Venezuela – But Polymarket isn’t buying it
[ad_1] While global headlines focus on the dramatic U.S. military capture of Nicolás Maduro and his transfer to New York, another shift is happening quietly on prediction markets. As Venezuela enters a period of uncertainty, María Corina Machado, Nobel Peace Prize winner and outspoken Bitcoin [BTC] supporter, has climbed into the top three candidates on […]
Polymarket Traders Knew The Weeknd Was Going to Beat Drake on Spotify Wrapped
[ad_1] Hours before Spotify announced its 2025 Wrapped results, the odds on The Weeknd finishing third on Polymarket’s contract surged from 40% to 99%. Polymarket shared the news on X, framing it as proof that prediction markets work. But embedded in its own post was a contradiction: @FhantomBets called it a ‘leak,’ compared it to […]
PrizePicks Adds Kalshi Deal To Polymarket Partnership
[ad_1] Simply days after saying a cope with Polymarket, PrizePicks has launched prediction markets by a partnership with Kalshi, Polymarket’s predominant adversary. Kalshi prediction markets are actually out there on the PrizePicks app. The transfer places PrizePicks, dominant within the decide ‘em-style DFS area, nearer to “sportsbook” territory. In some states, the PrizePicks app now […]