Polymarket: Latest News, Deals, and Market Updates
AI-GENERATEDConnecticut Crackdown on Prediction Markets, Playtech H1 Profits Soar
Connecticut regulators issued cease-and-desist orders to nine prediction platforms, while Playtech reported H1 2026 revenues of €425.1 million.
AI-GENERATEDGeorge Santos and Bill Simmons: How Prediction Markets Rebrand Gambling
High-profile controversies in the US reveal how prediction markets blur the lines between finance and gambling. George Santos faces over $80,000 in fines.
AI-GENERATEDPolymarket Hires Former Amazon CFO Warren Jenson for Global Expansion
Polymarket appoints Warren Jenson as its first CFO. The company is now valued at $21 billion as it prepares for large-scale international growth.
AI-GENERATEDTexas Senate Committee Probes Gaming Access and Predictive Platforms
A Texas Senate committee is investigating providers like Polymarket and DraftKings to enforce stricter age verification and potential bans for minors.
AI-GENERATEDLeBron James Boosts Polymarket: Prediction Market Tops App Store Charts
Fueled by a star-studded campaign featuring LeBron James and Eli Manning, Polymarket has claimed the top spot in the US Finance App Store charts for the 2026 NFL kickoff.
AI-GENERATEDUK Regulator FCA Reconsiders Binary Options Ban to Pave Way for Prediction Markets
The UK’s FCA is reviewing its 2019 ban on retail binary options, a move that could legitimize prediction markets which saw $44 billion in annual volume recently.
AI-GENERATEDLeBron James Teases Major Partnership with Prediction Market Polymarket
NBA star LeBron James has hinted at a new deal with Polymarket shortly after signing an $8 million veteran contract with the Philadelphia 76ers.
AI-GENERATEDOklahoma Gambling Loophole: Betting Despite Bans Through Prediction Apps
Millions of dollars are flowing into illegal sports betting in Oklahoma as apps like Kalshi and Polymarket exploit legal gray areas as prediction markets.
AI-GENERATEDPolymarket Expansion: Perpetual Futures for Crypto, Oil, and Stocks Launched
Prediction market leader Polymarket has launched a perpetual futures interface for international users, offering up to 20x leverage on major assets.
AI-GENERATEDMinors Trade Billions: US Prediction Markets Under Fire Over Underage Usage
A CNN analysis reveals that users under 18 are driving $5.4 billion in trades on Kalshi, with $3.9 billion linked to sports events.
AI-GENERATEDPolymarket Hits $1 Billion Revenue Milestone Amid Fierce US Legal Battles
Prediction market Polymarket has reached a $1 billion revenue run rate as 20 U.S. states initiate legal action, labeling the platform as illegal gambling.
AI-GENERATEDTrump Jr.’s 1789 Capital Leads Massive $1B Funding for Polymarket
Donald Trump Jr.'s firm 1789 Capital is leading a $1 billion funding round for Polymarket, valuing the prediction platform at $21 billion.
AI-GENERATEDMLB Sponsorship Surge: Seven Teams Partner with Prediction Markets Like Kalshi
Major League Baseball franchises including the Dodgers and Red Sox sign eight-figure deals with Kalshi, despite increasing federal scrutiny.
AI-GENERATEDPrediction Market Insider Trading: US Authorities Expand Major Investigations
US federal prosecutors and the CFTC are investigating new insider trading cases on platforms like Polymarket, involving soldiers and analysts with profits exceeding $1 million.
AI-GENERATEDDraftKings Enters Crypto Prediction Markets: 5-Minute Contracts for Bitcoin and Ethereum
DraftKings expands its platform with ultra-short-term crypto prediction markets. Trading volume for 15-minute Bitcoin contracts at Kalshi soared to $4 billion in July.