Investments

DraftKings is getting involved in prediction markets via its acquisition of Railbird.

Investments

DraftKings’ Railbird Acquisition Forges Path To Prediction Markets

This has been percolating for a few months, but DraftKings is getting into prediction markets. News of the sports betting operator’s interest in acquiring Railbird Exchange, a...

Marcus DiNitto

October 22, 2025

Kalshi has recently raised $300 million and expanded globally.

Investments

Kalshi Announces $300 Million Investment, Massive Global Expansion

Investment keeps flowing into prediction markets. Kalshi announced today, Friday, Oct. 10, that it has “recently raised” $300 million at a valuation of $5 billion, a figure consistent...

Marcus DiNitto

October 10, 2025

Investments

Polymarket Lands Potential $2 Billion Investment from NYSE Owner Intercontinental Exchange

Prediction markets may be in a precarious regulatory situation, but that’s not stopping the companies from attracting major financial investments. Polymarket announced today that...

Marcus DiNitto

October 7, 2025

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