Prediction Markets
Latest Prediction Markets News
Tax Policy Center: Prediction Markets Could Ding State Wagering Revenue
Prediction markets are pulling bettors away from traditional gaming, threatening state tax revenue Highly exposed sports-betting states face the sharpest potential budget deficits Lawmakers are already shifting policy, with state-level prediction market taxes gaining momentum As cash-strapped states search for...
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Rising Prediction Markets Have Implications for Junk-Rated Rivals
Will Prediction Markets Ever Become Legal in Canada?
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DraftKings Stock Soars as May Prediction Market Volume Jumps
DraftKings said its prediction market volume surged 24% month-over-month in May On an annualized basis, that’s a 34% increase Investors liked the news, sending...
EDGE Markets Secures $29.2M Series A to Launch Prediction Market Banking Rails
The New York-based alternative fintech firm secured a $29.2 million Series A funding round led by prominent venture firm CoinFund The capital will fund...
George Santos Shilled Polymarket While Trading on Kalshi
Prediction Market ETFs Shouldn’t Be Approved, Says Expert
Kalshi Investor Andreessen Horowitz Identifies Surge in Non-Sports Prediction Volume
The crypto arm of Andreessen Horowitz (a16z) notes that while sports betting volume on Kalshi is hitting record highs in absolute dollars, its share...