Polymarket Annualized Revenue Hits $1 Billion on Record World Cup Trading Volume
Polymarket's annualized revenue has surpassed $1 billion just six weeks after its U.S. exchange launch, fueled by record FIFA World ...
Tag: Polymarket
CFTC Sues Kentucky Over Prediction Market Crackdown, Making It the Ninth State to Face Federal Legal Action
The CFTC has sued Kentucky after the state's AG sued Kalshi, Polymarket, and sweepstakes operator VGW. Kentucky is the ninth ...
Prediction Markets Hit $12.2 Billion in Weekly Volume as World Cup Drives Unprecedented Sports Betting Activity
Prediction markets hit simultaneous all-time highs in weekly volume, open interest, fees, and active users during the week of June ...
Kentucky AG Escalates Prediction Market Fight With Lawsuits Against Kalshi, Polymarket, and VGW
Kentucky AG Russell Coleman filed three lawsuits against Kalshi, Polymarket, and VGW over alleged illegal gambling, escalating a conflict with ...
Betr Uses Polymarket to Hedge World Cup Promotion Risk in a First-of-Its-Kind Move for the Gaming Industry
Gaming platform Betr placed the largest single trade on Team USA to win the World Cup on Polymarket, hedging its ...
World Cup Drives Surge in Sports Betting and Prediction Market Apps as Younger Bettors Emerge as Fastest-Growing Segment
New Apptopia data shows the 2026 World Cup has snapped sports betting and prediction market apps out of their seasonal ...
Polymarket Trader Loses $999,000 on Spain vs. Cabo Verde as Goalkeeper Vozinha Pulls Off World Cup Miracle
One of the most expensive single-game prediction market losses in World Cup history unfolded Monday when a Polymarket user's $999,068 ...
CFTC’s New Prediction Market Rules: What Sports Bettors and Traders Need to Know
The federal agency overseeing prediction markets has proposed its most detailed rulebook yet — and it has real implications for ...
Nevada Court Issues Preliminary Injunction Blocking Polymarket From Operating in the State
A Nevada judge granted a preliminary injunction barring Polymarket from offering event contracts in the state, ruling the prediction market ...
STOP Corrupt Bets Act Would Ban Prediction Market Wagers on Sports, Elections, and War
A new federal bill called the STOP Corrupt Bets Act aims to prohibit prediction market contracts on sports, elections, and ...
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