Key Takeaways Lula secured a historic fourth presidential term, overcoming a first-round deficit against Flavio Bolsonaro. Prediction platforms wrongly gave Bolsonaro 80% odds to win, failing to anticipate Lula’s historic comeback. Contracts linked to a […]
The market has grown from its roots in elections into sports, economic data and short-term price bets. Robinhood entered the business through a partnership with Kalshi, a federally regulated prediction market exchange, and has since […]
Key Takeaways Pentagon personnel are prohibited from using classified or unclassified nonpublic information to trade on Polymarket, Kalshi and other financial platforms. The directive follows charges against a Special Forces soldier accused of profiting from […]
Key Takeaways Missouri ordered platforms like Polymarket and Kalshi to stop offering sports event markets in the state. The state claims these contracts dodge sports gambling rules, license fees, and a 10% tax. Operators face […]
Polymarket, Kalshi’s main rival, is also blocked in Taiwan, where election bettors face up to six months in prison under a 2023 amendment. Coinbase and Kalshi have been reportedly blocked from Taiwan due to […]
Key Takeaways A New Taipei court order cites Taiwan’s election law, under which operators face up to five years in prison. Kalshi lists Taiwan as a restricted jurisdiction but runs a Taipei mayor market with […]
Key Takeaways Participants rose from 300+ creators in early August to 800+ two months later, Polymarket reps said. A reminder to add X’s paid partnership tag has been missing from the Discord prompts since late […]
Key Takeaways Greenblatt said the CFTC’s casino exclusion has only “stayed” the risk from prediction markets. He expects the Supreme Court to side with states and tribes during its 2026-27 term. A Rule That Can […]
ARLINGTON, Va. — The CEO of Kalshi, the company at the center of a high-profile legal battle over the future of prediction markets in the U.S., said the clash won’t ultimately decide whether the rapidly […]
Key Takeaways BreakTheBank bought 500,528 Broncos shares at 42 cents, matched against surfandturf’s Seahawks orders. surfandturf paid $290,000 for 500,000 Seahawks shares at 58 cents in the same transaction on Oct. 13. Massive Sums Moved […]
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