Polymarket, Wall Street Journal Ink Data Deal

  • Data partnership pertains to all of News Corp.’s US financial media properties, including The Wall Street Journal
  • Polymarket fires back after rival Kalshi landed deal with CNBC

Prediction market operator Polymarket and Dow Jones announced a partnership through which the event contracts exchange’s data will be made available across the media company’s suite of financial news properties, including The Wall Street Journal.

Nevada Gaming Control Board sports event contracts
A screengrab of the Polymarket prediction market trading platform. The company’s data will be featured by The Wall Street Journal and other Dow Jones outlets. (Image: Shutterstock)

Dow Jones, a unit of News Corp. (NASDAQ: NWS), also owns Barron’s, Investor’s Business Daily MarketWatch, Mansion Global, Financial News, Risk & Compliance, and Dow Jones Newswires, indicating Polymarket data will be featured in some of the most widely read financial journals in the US.

As part of the partnership, Dow Jones will introduce new consumer-facing features incorporating prediction market data, including a custom earnings calendar highlighting market-implied expectations around corporate performance. Additional data-driven experiences are expected to launch over time,” said the companies in a statement.

The two sides said Polymarket’s prediction market data will be featured on Dow Jones’ consumer-facing platforms.

Dow Jones Deal a Coup for Polymarket

The Dow Jones accord is a win for Polymarket, which says it’s the world’s largest prediction market, if for no other reason than that The Wall Street Journal is the most circulated newspaper in the US.

As of September 2024, The Journal’s daily circulation of 474,700 was roughly the combined tally of The New York Times, The New York Post, and The Washington Post. The New York Post is also owned by News Corp., but that publication doesn’t reside under the Dow Jones umbrella and thus wasn’t mentioned as part of the Polymarket agreement.

Polymarket’s relationship with Dow Jones serves another objective. It’s a response of sorts to rival Kalshi recently notching similar deals with CNN and CNBC, which sparked speculation as to when Polymarket would land comparable arrangements.

“The collaboration will provide audiences with greater visibility into prediction market signals across a range of economic, political and cultural topics, offering a new lens for understanding how markets assess probabilities and future outcomes,” according to the statement. “Polymarket data will be displayed through dedicated data modules on Dow Jones digital properties, including homepage and market-related pages, as well as through select print placements.”

Polymarket Pushing Further Into Finance

With the Dow Jones pact, Polymarket, which is backed by New York Stock Exchange owner Intercontinental Exchange (NYSE: ICE), is expanding its financial media footprint. The prediction market operator already has a relationship with Yahoo Finance, and like rival Kalshi, it has a deal with Google Finance.

Thanks to the Dow Jones agreement, Polymarket data will be featured on three of the seven most visited financial news websites – The Wall Street Journal, Yahoo Finance, and MarketWatch. Barron’s also ranks highly on related lists.

Those partnerships could prove pivotal in terms of facilitating growth outside of sports event contracts, and when it comes to bringing more financial institutions into the prediction markets fold as market participants and liquidity providers.

Todd Shriber
Todd Shriber Financial Reporter

Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org.

Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019.

Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com.

He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better.

Contact Todd at todd.shriber@casino.org.

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