Prediction markets Kalshi and Polymarket are reportedly in discussions with investors about raising funds. And both companies are targeting the same valuation of $20 billion, The Wall Street Journal (WSJ) reported Saturday (March 7), citing sources familiar with the matter. These sources said both companies...
In the span of just a few years, prediction markets have leapt from obscure crypto experiments into the heart of financial, political and cultural debate. And with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday (Sep. 3) issuing a no-action letter regarding event contracts,...
Sports gambling has DraftKings. Political junkies have PredictIt. And now the world’s nerdiest corner — the artificial intelligence (AI) scene — has its own set of bettors, where people wager actual money on whether Google’s Gemini will dunk on OpenAI’s GPT-5 this month. Forget fantasy...
Pay-by-bank provider Trustly has launched a partnership with Hard Rock Digital. The collaboration, announced in a Wednesday (March 19) news release, will see Trustly provide pay-by-bank services to Hard Rock Bet, the company’s sportsbook/iGaming platform. “Through this integration, Hard Rock Bet players will be able to securely link their bank...
September 04, 2025
In the span of just a few years, prediction markets have leapt from obscure crypto experiments into the heart of financial, political and cultural debate. And with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday (Sep. 3) issuing a no-action letter regarding event contracts, that momentum appears set to continue its trajectory forward. The […]
October 16, 2018
Few things make a sporting event more interesting than wagering a few bucks (or more) — whether it be a football game between two mediocre teams or a baseball playoff....
May 19, 2026
Polymarket has introduced what it calls the first prediction markets connected to private company performance. These new offerings, launched Tuesday (May 19), are designed to let users bid on events at “some of the most sought-after private companies,” while also giving institutional investors another signal as to how private markets are performing. “More value is being created in […]
March 08, 2026
Prediction markets Kalshi and Polymarket are reportedly in discussions with investors about raising funds. And both companies are targeting the same valuation of $20 billion, The Wall Street Journal (WSJ)...
March 19, 2025
Pay-by-bank provider Trustly has launched a partnership with Hard Rock Digital. The collaboration, announced in a Wednesday (March 19) news release, will see Trustly provide pay-by-bank services to Hard Rock Bet, the company’s sportsbook/iGaming platform....
May 16, 2024
The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May 16) that would allow for...