Betting account in George Cottrell’s name received $9 million in crypto from unidentified sources
Who actually funded the account, and who ultimately walked away with the winnings, remains unclear....
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Kalshi prepares to poison midterm elections with betting BS
The prediction market zoo is launching a midterm elections hub that will serve as a one-stop shop...
Kalshi launches midterm election forecasting hub
Kalshi launched a new online hub Wednesday for midterm election forecasting, displaying prediction...
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Closing the loophole: Prediction markets disguised as financial derivatives
Congresswoman Dina Titus argues that prediction market platforms like Kalshi exploit a regulatory...
Goldman Sachs bans employees from some prediction market contracts
Goldman Sachs is placing restrictions on employee trading on some prediction markets, a source...
Spotify Removes 500,000 Streams from Hit Song over Allegations of Fraud on Prediction Market Kalshi
Spotify has taken down approximately 500,000 streams from Malcolm Todd's popular song "Earrings"...
Mysterious Polymarket Bettor Makes Massive Wager That Putin Will Be Out of Power By Year’s End
An unknown bettor on the Polymarket gambling website plunked down $400,000 on Russian President...
Wall Street Regulator Launches Investigation into Gambling Platform Polymarket
The Commodity Futures Trading Commission is reportedly conducting an extensive investigation into...
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Report: Meta Developing Prediction Markets App to Compete with Kalshi and Polymarket
Mark Zuckerberg has reportedly directed Meta to build a prediction market app that would compete...
Cold Streak: Polymarket Gambler Loses $4.2 Million on World Cup Bets in Under 24 Hours
A single gambler on prediction market platform Polymarket lost $4.2 million on World Cup bets in...
Kalshi planning to require some participants to identify employers
Kalshi plans to require users in certain markets to share information about their employers in its...
CFTC proposes new rules for prediction markets
The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to...
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Kalshi and Polymarket prohibit affiliates from spreading election misinformation
Prediction market apps are doubling down on paid content creators denying election results, asking...
Prediction Markets Are Learning From the Addiction Industry
If you believe the multibillion-dollar firms behind “prediction markets” and the...