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The Massachusetts Attorney General’s Office has filed a lawsuit against prediction market platform KalshiEX LLC, alleging it illegally offered sports wagering to state residents without a license. Bay State Calls Kalshi ‘Sports Betting’; The Statute May Not Agree Attorney General Andrea Joy Campbell brought the case Friday in Suffolk Superior Court’s Business Litigation Session, asserting … Read more
Ghislaine Maxwell, once a close associate of the late financier and sex-trafficking operator, Jeffrey Epstein, said she does not believe Epstein took his own life. She also stressed that she “never witnessed the president in any inappropriate setting in any way.” Prediction market Polymarket currently places the odds of her receiving a pardon from U.S. … Read more
Following Federal Reserve Chair Jerome Powell’s dovish remarks at Jackson Hole, markets are bracing for a possible rate cut in September. The Fed’s September Call Has Traders on Edge — And the Wager Pile Just Got Bigger CME’s Fedwatch tool, along with bets placed on Polymarket and Kalshi, point to easing next month. Data from … Read more
Robinhood has announced the launch of pro and college football prediction markets within the app, allowing customers to trade on the outcomes of popular football games. Since the introduction of prediction markets last year, over 2 billion contracts have been traded on the platform. The new markets will feature contracts for all regular season pro … Read more
Bettors on Polymarket and Kalshi see an interesting path for U.S. President Donald Trump to claim the Nobel Peace Prize. On both platforms, the sitting president holds the second-highest odds, putting him squarely in contention. Prediction Markets Keep Trump in Close Race for Nobel Peace Prize The Nobel Peace Prize is a prestigious international honor … Read more
Polymarket and Kalshi, two prominent prediction markets, have continued to record substantial trading activity into 2025, with volumes, active accounts, and market offerings reflecting ongoing participation beyond the 2024 U.S. Election. Data Shows Polymarket Volumes Remain Above Pre-Election Levels Metrics from Dune Analytics show that Polymarket, the blockchain-based predictions marketplace, has maintained activity into 2025. … Read more
This week, Ghislaine Maxwell—the convicted accomplice of disgraced sex offender Jeffrey Epstein—was quietly transferred from a Florida lockup to a low-security prison 950 miles away. Not long after, Polymarket lit up with a flurry of speculative betting action associated with Maxwell, tapping into a fresh wave of public fascination and political drama. Epstein’s Alleged Accomplice … Read more
A swarm of high-stakes prediction markets on Polymarket are placing Ghislaine Maxwell and Jeffrey Epstein squarely at the center of a fresh round of speculation, just as Maxwell held a private meeting with the U.S. deputy attorney general. Markets Bet on Epstein Revelations After Ghislaine Maxwell Talks With Feds Prediction market Polymarket is buzzing this … Read more
Former U.S. President Barack Obama was recently accused of colluding with members of his administration to fabricate what has been termed Russiagate, following a report alleging that Russia was involved in meddling with the 2016 presidential election. Prediction markets are already wagering on the possibility of his indictment. Polymarket Degens Believe Obama Won’t Be Indicted … Read more
Crypto-betting platform Polymarket is set to return to the U.S. market after federal regulators closed investigations and it struck a deal to acquire derivatives exchange QCX. The Justice Department and Commodity Futures Trading Commission (CFTC) formally notified Polymarket this month that probes examining whether it improperly allowed U.S.-based traders post-2022 settlement were closed. To gain … Read more
