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Meta develops points-based prediction market app Arena
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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.
DraftKings has launched its own prediction markets exchange, DKeX. The move comes as competition in the event contracts market continues to heat up.
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Kalshi filed a lawsuit against Illinois officials on Tuesday, challenging a new state tax on sports-related prediction markets. The suit was brought in the US District Court for the Northern District of Illinois. It alleges that state officials have overstepped federal regulatory authority.
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.
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U.S. President Donald Trump called it critically important for the CFTC to retain exclusive authority over prediction markets in a Truth Social post late Tuesday afternoon.
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.
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A senior White House official expressed optimism this week that the Clarity Act could reach President Donald Trump's desk by Independence Day. The comments came during Consensus Miami 2026, where lawmakers and industry figures also discussed ethics rules and prediction markets.
Kalshi 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
June 11, 2026 21:44Bernstein predicts World Cup will boost prediction markets
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
May 13, 2026 23:32Prediction market conference blames Nevada regulators for venue move