Prediction Markets
Meta develops points-based prediction market app Arena
Reported by AI Image generated by AI
Meta is building an experimental prediction market app called Arena that lets users forecast events in politics, sports and other areas using points instead of cash. The project is a top priority at the company and revives an earlier effort from 2020.
Wall Street broker Bernstein said prediction market platforms are poised for a wave of mergers and acquisitions as companies integrate customer distribution with exchange infrastructure.
Reported by AI
DraftKings has launched its own prediction markets exchange, DKeX. The move comes as competition in the event contracts market continues to heat up.
South Korean police launched the country's first illegal gambling investigation into domestic Polymarket users on June 5. The probe targets residents who placed bets on June 3 local election outcomes using cryptocurrency transactions.
Reported by AI
Polymarket has settled its disputed prediction markets on Strategy's Bitcoin sale, ruling the May contract No and the June contract Yes. The decision followed a vote by UMA token holders.
Predict 2026 has attributed its decision to shift a conference from Las Vegas to New York to pressure from the Nevada Gaming Control Board. The regulator has firmly denied any such intervention. The dispute highlights ongoing tensions between prediction markets and state gaming authorities.
Reported by AI
MoonPay has acquired Dawn Labs and rolled out an AI trading copilot designed for prediction markets. The move aims to simplify crypto trading through natural language prompts and automated strategies.
Kalshi sues Illinois over prediction market tax
June 24, 2026 05:13Kalshi seeks funding at 40 billion dollar valuation
June 19, 2026 11:27Charles Schwab plans S&P 500 prediction market launch
June 19, 2026 05:50Republican lawmaker introduces bill banning congressional prediction market bets
June 13, 2026 17:02DraftKings reports rapid growth in predictions business
May 26, 2026 22:45Trump praises prediction markets and defends CFTC authority
May 22, 2026 19:52Kalshi launches fair markets lobby group amid congressional probe
May 22, 2026 13:16Polymarket plans Japan market entry by 2030
May 15, 2026 01:11Myriad prediction market now open for real-world bets
May 14, 2026 18:51CFTC issues no-action letter on prediction market reporting