In a significant compliance move, Goldman Sachs bans employees from prediction market bets on finance, politics, and geopolitics while allowing only sports and entertainment trades to avoid conflicts of interest.
Kalshi is advancing regulatory talks to expand perpetual futures into metals, foreign exchange, and energy markets. The move builds on its successful crypto contracts and aims to give traders greater flexibility through indefinite holding and high leverage.
After years offshore, Polymarket has launched a campaign to re-enter the domestic market by strengthening compliance through key hires and influencer partnerships, aiming to rebuild trader trust amid rising volumes.
Michael Burry, famous as the 2008 housing market short seller featured in the film The Big Short, is now turning rather positive on sports betting stocks.
Kalshi’s Love Island markets are transforming trader demographics, drawing women at three times the rate of men and doubling the platform’s female trader base over the past year.
As prediction markets boom with billions in weekly volume, powerful whale traders are exploiting thin liquidity to manipulate outcomes, raising alarms about eroding trust in these forecasting tools.
As prediction markets attract billions in trading volume, decentralized oracles promise impartial resolution through token voting. However, concentrated power among large holders creates trust vulnerabilities that centralized alternatives largely sidestep.
DraftKings CEO Jason Robins reports rival prediction markets delivered only a slight impact on January sportsbook handle, mainly among low-margin traders, resulting in de minimis revenue effects.
North Carolina’s new budget boldly authorizes prediction market trading with a modest 6% tax on net fees—far lighter than sports betting’s 23% levy—igniting fierce debate over revenue shifts, regulatory gaps, and the future of event-based markets.
Outcry has arisen of late over prediction markets offering contracts on tragedies or unfortunate global events such as wars, assassinations,…
