Polymarket’s surprise decision to drop its waitlist and open fully to U.S. users this week sets up a high-stakes showdown with Kalshi. The battle will determine whether prediction markets remain elevated sports betting or mature into a powerful new financial primitive.
Interactive Brokers has launched a powerful unified prediction markets platform integrating Kalshi, CME Group, and ForecastEx contracts, delivering best-price execution and seamless multi-asset portfolio oversight for sophisticated investors.
Minnesota lawmakers passed the nation’s first statewide ban on prediction markets Tuesday, targeting high-stakes contracts on sports outcomes and pop culture events as the bill advances to Governor Tim Walz.
UFC CEO Dana White has urged President Trump to repeal the controversial 90% gambling loss deduction cap, warning it creates unfair phantom taxes. The letter has already triggered over $3 million in Kalshi trading volume on repeal odds.
Trading in the 2026 FIFA World Cup winner market hit $8.4 million in 24 hours, with France leading at 17.8% as Spain, England, Brazil, and Argentina chase closely behind.
The New York Times investigation uncovers suspiciously timed bets on Polymarket that delivered millions in profits on Iran conflict outcomes, igniting fresh concerns over potential insider trading and platform integrity.
Polymarket traders watched millions hang in the balance as anonymous UMA token votes settled explosive disputes. Yet growing evidence of whale influence and conflicting financial incentives has ignited fierce debate over fairness in decentralized resolutions.
Prediction markets are surging in popularity, yet their legality remains fiercely contested. Explore the regulatory nuances, sharp jurisdictional divides, and high-stakes disputes now reshaping the future of event contract trading.
A Wisconsin federal court has cleared the Ho-Chunk Nation to sue Kalshi under IGRA, ruling the tribe is likely to succeed in halting unauthorized sports event contracts offered on Indian lands without consent.
Prediction markets now serve as a dynamic oracle, delivering faster, more accurate forecasts on elections, company valuations, and cultural events than traditional polls or media. Skin-in-the-game trading turns crowd wisdom into real-time probability signals that reshape how the world anticipates tomorrow.
