Mark Zuckerberg wants Meta to launch its own prediction market
The app would be independent of Meta’s other social media offerings, although sources told the NYT that those social sites could direct users to engagement with the app.
prediction markets
Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
Amidst legal turmoil, Kalshi is temporarily banned in Nevada
It’s the latest escalation in a regulatory battle over the future of prediction markets.
Polymarket continues its partnership spree with a Major League Baseball deal
MLB is only the latest in a string of recently announced partnerships involving the prediction market.
Kalshi’s legal troubles pile up, as Arizona files first ever criminal charges over ‘illegal gambling business’
It’s the latest salvo in an escalating battle between state regulators and an industry that claims it’s not beholden to them.