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The Latest Breaking News from Polymarket

Why the CFTC and States Like Utah Are Fighting Over Event Contracts — ‘You Can't Rebrand Illegal Gambling’

Kalshi, Polymarket, and other prediction market platforms face an existential threat in the form of legal challenges that suggest their event contracts are nothing more than illegal gambling games.

Barchart

Wealthsimple’s new prediction markets app exposes gaps in Canada’s gambling protections

Wealthsimple’s new prediction markets app recently launched, in partnership with Kalshi, an American prediction market platform. It’s only the second firm in the country authorized by Canadian Investment Regulatory Organization (CIRO) to do so, after Interactive Brokers Canada.

The Conversation

US senators urge crackdown on wildfire betting amid warnings of arson risk

Experts say growing trend on sites such as Polymarket and Kalshi could motivate people to start fires to win money

The Guardian - US

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Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 snapped a four-session winning streak on Wednesday as investors locked in profits from technology stocks, even as the Dow Jones Industrial Average climbed to another record high. Despite the pullback, Polymarket traders continue to expect the benchmark index to rebound at Thursday’s open.

Benzinga

Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi

Utah can enforce its strict anti-gambling laws on prediction markets such as Kalshi and Polymarket under a federal court ruling

The Independent UK

Prediction market betting may influence arson as several states see unprecedented wildfires, Senators warn

Democratic lawmakers are sounding the alarm over betting on natural disasters, arguing that it both increases the risk of criminal activity and is morally wrong

The Independent UK

Trump Says Hormuz Deal Could Come Within 48 Hours: Do Prediction Markets Back Him Up?

President Donald Trump said Tuesday night that Strait of Hormuz negotiations are “moving along very nicely” and promised an answer within 48 hours. Traders on Polymarket are pricing a wide gap between hearing an announcement and seeing ships move.

Benzinga

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eBay Earnings Prediction Market Preview: Will Pokémon and GameStop Be a Topic?

Ryan Cohen has spent the summer pursuing eBay Inc. (NASDAQ:EBAY).

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 surged to a fresh record close on Tuesday as strong corporate earnings, easing oil prices and optimism over a potential breakthrough between the U.S. and Iran fueled another broad-based rally. Polymarket traders are now overwhelmingly betting the benchmark will extend those gains at Wednesday’s open.

Benzinga

Why Michael Burry Is Doubling Down on DraftKings Stock

As prediction markets shake up sports betting, Michael Burry is betting the odds will swing back in DraftKings' favor.

Barchart

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 (NYSE:SPY) surged on Monday as easing geopolitical tensions, falling oil prices and renewed strength in megacap technology stocks fueled a broad market rally. Polymarket traders are now betting the benchmark index will build on those gains at Tuesday’s open.

Benzinga

Polymarket Trader Behind Suspicious Iran Ceasefire Bet Puts $40,000 on Netanyahu as Manipulation Fears Grow

A Polymarket trader who banked $200,000 by correctly calling the U.S.-Iran ceasefire has found a new market: whether Benjamin Netanyahu remains prime minister after Israel’s Oct. 27 election.

Benzinga

Prediction markets approach $200 million in wagered contracts on midterm elections

Welcome to the Monday, Aug. 3, 2026, Brew.

Ballotpedia

Prediction markets approach $200 million in settled contracts

An NBC News analysis found that in this election cycle, approximately $200 million has been wagered in prediction markets, where users have bet on election outcomes across the country.

Ballotpedia

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Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 rebounded sharply on Thursday as strong earnings from Microsoft Corp. (NASDAQ:MSFT) and a broad rally in semiconductor stocks lifted investor sentiment following the previous session’s selloff. Polymarket traders now expect the benchmark index to extend those gains at Friday’s open.

Fortune

New York Mets tap Novig as prediction market partner as MLB embraces new betting sector

The deal will allow Novig to integrate across the Mets’ ecosystem and run league‑approved markets.

Sports Illustrated

Polymarket Promo Code SIBONUS: Claim $20 Bonus for MLB & WNBA Prediction markets on Thursday

Trade MLB and WNBA games with Polymarket promo code SIBONUS for a $20 bonus. Deposit $10 to claim your welcome offer today.

Benzinga

Stock Market: Will S&P 500 Open Up or Down Today?

The S&P 500 snapped a three-day winning streak on Wednesday as rising Treasury yields, a hawkish market reaction to the Federal Reserve and renewed geopolitical tensions sparked a broad-based selloff. Despite the sharp decline, Polymarket traders are betting the benchmark index will bounce back at Thursday’s open.

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Benzinga

Warsh Says Five-Year Inflation Fight Won’t End Fast as 30-Year Tops 5.2%: What Do Prediction Markets Say?

Federal Reserve Chairman Kevin Warsh held interest rates steady Wednesday for a fifth straight meeting, then told reporters that while the Fed "hasn’t done much in 42 days, the markets have done quite a bit."

Fortune

Exclusive: Polymarket launches institute to fund independent academic research on prediction markets

The Polymarket Institute, which the company says is the first of its kind, will examine how event markets challenge traditional polling and projection models.

Reason

Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too

A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban.

The Independent UK

White House aide who made $100K betting on Trump speeches is out of his government job

President Donald Trump’s longtime teleprompter operator no longer works in government after he was placed on unpaid leave over alleged insider trading

The Independent UK

Minnesota's first-in-the-nation law banning prediction markets is halted in federal court

A federal judge has temporarily blocked Minnesota's law banning prediction markets, which was set to take effect Saturday

Benzinga

'Prof G' Scott Galloway Says Morgan Stanley's $300 SPCX Target Is the Stuff of 'Romantic Comedies'

Scott Galloway says the analyst behind Morgan Stanley’s $300 price target on SpaceX (NASDAQ:SPCX) is in the wrong line of work.

Sports Illustrated

Polymarket Promo Code SIBONUS: Get $20 Trading Bonus for Yankees vs. Phillies Sunday Night Baseball

Claim a $20 trading bonus with Polymarket promo code SIBONUS for Yankees vs. Phillies Sunday Night Baseball. Deposit $10 to unlock your welcome offer.

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