Prediction Markets
States Reportedly Losing Tax Revenue To Prediction Markets
The American Gaming Association (AGA) has reported that states and tribes have lost over $1 billion in tax revenue due to the explosive rise of prediction markets. AGA president and…
June 1, 2026
Trump Vows To Protect Prediction Markets
Prediction markets have found their most powerful ally inside the White House. President Trump has formally committed his administration to fully support the booming cryptocurrency and event-contract sectors, stating a…
May 29, 2026
Kalshi Launches Art Markets: Fine Art Auction Predictions
Kalshi Art Markets are now live, bringing prediction trading into the world of fine art auctions. As Edgar Degas once said, “Art is not what you see, but what you…
May 29, 2026
Google Engineer Charged with Using Internal Data for Alleged $1.2M Polymarket Windfall
Federal authorities have charged a Google software engineer with insider trading for allegedly using confidential company data to profit on Polymarket. Michele Spagnuolo, 36, is accused of leveraging his high-level…
May 28, 2026
Fanatics Markets, ADI Predictstreet Launch FIFA World Cup 2026 Hub for U.S. Fans
Fanatics Markets and ADI Predictstreet have launched a new digital hub designed to bring U.S. soccer fans closer to the FIFA World Cup 2026. The new World Cup Hub combines…
May 27, 2026
Prediction Markets And Gambling Addiction Concerns
A 36-year-old law enforcement agent in Texas, Kevin, has a history with gambling addiction. That led to the end of his first marriage and also forced him to file for…
May 27, 2026
Trading on the Lab: Prediction Markets Turn Sights Toward Clinical Trials
From the likelihood of geopolitical conflict to the winner of the next presidential election, prediction markets have become a primary tool for pricing the future. These platforms, which allow users…
May 26, 2026
Rhode Island and Kalshi Lock Horns in Dueling Lawsuits Over Prediction Markets
The legal battle over the future of prediction markets intensified this week as Kalshi and the Rhode Island Attorney General’s office filed competing lawsuits within hours of each other. The…
May 25, 2026
Kalshi Secures an Additional $200M in Funding
Two weeks after making headlines with a $1 billion Series F at a $22 billion valuation, federally regulated prediction market Kalshi has expanded its funding round even further with the…
May 21, 2026
Kalshi Pledges $2 Million to National Council on Problem Gambling
Prediction market Kalshi has announced a $2 million, two-year investment in the National Council on Problem Gambling (NCPG), a move that underscores the thinning line between retail speculation and traditional…
May 19, 2026