Industry

Industry

ProphetX Wins CFTC Approval For Sports Focused Prediction Exchange

After a roughly 6-month approval process, ProphetX is moving from a sweepstakes model to a federally regulated sports prediction exchange as peer-to-peer rivals remain in the CFTC...

Mike Breen

June 11, 2026

Kalshi is adding new market integrity safeguards as prediction markets face growing scrutiny over insider trading and the use of nonpublic information

Industry

Kalshi Adds Employment Checks, New Safeguards To Fight Prediction Market Insider Trading

Kalshi says its new safeguards will risk-score contracts, screen some traders before they trade and expand tools for reporting suspicious...

Mike Breen

June 10, 2026

World Cup prediction markets are expanding beyond match outcomes into the culture, politics and media moments surrounding the tournament.

Industry

From Ronaldo Tears to Trump Photo Ops, World Cup Prediction Markets Move Beyond the Pitch

World Cup markets on Kalshi and Polymarket show the platforms testing how much of the tournament’s surrounding culture can become...

Mike Breen

June 9, 2026

DraftKings said DK Predictions reached a $2.3 billion annualized trading-volume run rate in April as the company prepares to launch its Railbird exchange and expand prediction-market parlays.

Finance & Earnings

DraftKings Predictions Volume Climbs Again, Reaching $3.1B Annualized Run-Rate

DraftKings reported a second straight month of double-digit growth in its prediction markets business on Monday, with both consumer and total trading volume climbing month-over-month —...

Cheryle Shepstone

June 9, 2026

Bet365 says event contracts are not currently in its U.S. plans, even as its new fantasy sports product expands its reach beyond sportsbook states.

Industry

Could Bet365 Be the Next Sportsbook to Enter Prediction Markets?

Bet365’s new fantasy sports product gives it a presence beyond its licensed sportsbook states, but a person familiar with its U.S. strategy said event contracts are not currently in the...

Mike Breen

June 8, 2026

Kalshi MIllion Dollar Contest World Cup Brackets

General

Kalshi $1 Million World Cup Contest: Predict 2026 World Cup Winner + Tickets to Finals

Kalshi has launched a free-to-play contest with a $1,000,000 prize pool, shared among eligible entrants who correctly predict the 2026 FIFA World Cup...

Cheryle Shepstone

June 6, 2026

Robinhood is using the 2026 World Cup to test Rothera as new infrastructure for its prediction markets business

Industry

Robinhood Launches World Cup Prediction Markets Through Rothera

Robinhood is using the tournament to test its affiliated Rothera exchange, but some World Cup contracts will still route through Kalshi....

Mike Breen

June 5, 2026

Prediction market odds are increasingly becoming part of political coverage and campaign messaging, raising questions about whether market swings can shape the races they are meant to forecast

Industry

Prediction Market Odds Are Shaping Political Narratives, Raising Manipulation Questions

After Andrew Left's conviction, CFTC Chairman Mike Selig warned manipulation rules apply to prediction markets. Economists say the platforms improve forecast accuracy, but the line between...

Mike Breen

June 5, 2026

Industry

Polymarket Trader Loses $500K After Rules Change on Microstrategy BTC Market

A $175 million Polymarket market on MicroStrategy's Bitcoin holdings resolved against traders after the platform posted a late rules clarification, reigniting questions about whether its...

Valerie Cross

June 2, 2026

Rothera’s soccer filings could give Robinhood a path to add World Cup-related prediction markets through an affiliated exchange, rather than relying only on third-party venues

Industry

Rothera Files Soccer Contracts as Robinhood-Backed Prediction Market Exchange Nears Launch

Rothera’s soccer contracts may list June 1, giving Robinhood a path to reduce reliance on third-party exchanges such as Kalshi ahead of the World...

Mike Breen

May 28, 2026

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