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Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been rescued, […]
California Gov. Gavin Newsom on Friday banned state-appointed officials with insider information from making bets on prediction markets as the popular gambling sites stoke controversy. The executive order added to existing ethics rules that prohibit state officials from using information unknown to the public to enrich themselves or family members, as recent huge payouts on […]
Polymarket is known for turning world news into tradable probabilities, but now it is trying something similar in the physical world. The prediction market says it is opening a Washington, D.C., bar called “The Situation Room,” a venue built for people who like to watch global events unfold in real time. The company describes the […]
The Dutch gambling watchdog has told Polymarket to stop operating in the Netherlands immediately or start paying steep weekly penalties. On Tuesday (February 17), the Kansspelautoriteit (Ksa) said it has issued a “last onder dwangsom” (order under threat of a fine) to Adventure One QSS Inc., the company behind the prediction-market platform Polymarket, for providing […]
Former Federal Reserve Governor Kevin Warsh soared ahead of National Economic Council Director Kevin Hassett on prediction markets betting on the next Fed chair after President Trump on Friday hinted that Hassett might be out of the running. Trump did not reveal his final choice to replace Fed Chairman Jerome Powell, but said he would […]
A partnership with Polymarket will make MetaMask the first crypto wallet to integrate with a prediction market. Crypto wallet MetaMask has announced plans to integrate prediction markets into its services through a partnership with the prediction market. This comes after the company confirmed that it will launch a token as part of a wider move […]
Polymarket, the predictions market operator, has obtained certifications through its partner companies to facilitate legalized sports betting upon launch. Since the company has been given the green light to offer its betting services in North America, there has been a quicksilver push to make these available for the fall sporting action. Polymarket gains approval to […]
