Anonymous Polymarket traders cashed in millions by precisely predicting U.S. strikes on Iran, fueling suspicions of insider leaks and classified intel misuse, amid calls for stringent regulatory crackdowns on war wagers.
Underdog Fantasy announces layoffs of over 125 employees, including two-thirds of its fraud team, in a bold pivot from traditional sports betting to prediction markets—signaling turbulent shifts in the gaming industry.
Nasdaq’s SEC filing for binary options on the Nasdaq-100 index could revolutionize trading by offering regulated yes-or-no bets, amid soaring market volumes and regulatory scrutiny. Explore the proposal’s details, implications, and future outlook.
Former Trump chief of staff Mick Mulvaney launches the “Gambling Is Not Investing” coalition, urging state regulations on prediction markets as akin to sports betting, amid debates over consumer protections and federal oversight.
FanDuel’s 2026 earnings reveal a pivotal shift in US gambling: $300M invested in federally regulated prediction markets like Predicts, amid AGA opposition, state warnings from Arizona and Michigan, and evolving jurisdictional debates.
In the aftermath of US strikes on Iran, where Khamenei’s confirmed demise resolves millions in high-stakes prediction markets on Polymarket and Kalshi, while ceasefire contracts ignite fresh trading opportunities and geopolitical forecasts.
Following the US military strikes on Iran, prediction markets exploded with millions wagered on global war scenarios and regime changes. Platforms like Kalshi and Polymarket saw unprecedented volumes, offering real-time insights into geopolitical risks and trader sentiments on escalating conflicts.
DraftKings is broadening its prediction market footprint nationwide, eyeing billions in revenue potential through partnerships and tech upgrades. Amid stock dips, analysts spot undervalued growth in event contracts, with 2026 guidance projecting $6.5-6.9 billion in revenue—positioning the firm for scalable, diversified expansion despite regulatory hurdles.
Uncover the intricate details of OpenAI’s recent employee termination amid insider trading allegations on platforms like Polymarket. This incident reveals suspicious patterns, ethical breaches, and broader implications for AI industry regulations in California, offering critical insights into corporate governance and financial integrity.
Since the start of 2026, prediction market booms have coincided with a $26 million erosion in DraftKings and Flutter Entertainment stocks.
