Campaign staffers are converting unreleased polling data into thousands of dollars in prediction market profits, fueling intense scrutiny over political insider trading as platforms crack down and lawmakers race to impose bans.
Kalshi has raised $1 billion at a $22 billion valuation in a Coatue-led Series F round, as institutional trading volume surges 800 percent. The deal solidifies the platform’s commanding lead in regulated event contracts.
Roobet launched its prediction markets platform on May 6 2026, delivering seamless trading on major sports events, entertainment releases, and viral internet culture moments for users worldwide.
Kalshi has surged past Polymarket in crypto prediction market volume, capturing 60% market share with a record $14.81 billion in April 2026 trading. Regulation is reshaping the battlefield.
Elon Musk’s odds of winning his high-stakes OpenAI lawsuit have plunged to 42% on Kalshi as traders react to damaging testimony and last-minute settlement revelations in the blockbuster AI trial.
Prediction markets signal escalating pain: Kalshi and Polymarket traders now give an 88% chance that 2026 tech layoffs will surpass 2025’s 447,000 cuts, fueled by aggressive AI restructuring.
Ryan Cohen’s bold $56 billion bid to acquire eBay has sparked intense drama, yet prediction market traders assign the GameStop takeover just 17-26% odds of closing, citing massive execution hurdles.
The SEC has postponed approval of the first prediction market ETFs from Roundhill, Bitwise, and GraniteShares, stalling investor access to election, recession, and layoff-linked funds.
Kalshi has activated Face ID by default and rolled out selfie verification to block minors from trading on its prediction markets. The enhancements deliver stronger safeguards for sports and entertainment event contracts.
UAE reports multiple Iranian missile and drone attacks hours after the US-Iran ceasefire took effect, triggering sharp drops in Strait of Hormuz prediction market odds as traders slash near-term reopening probabilities.
