Prediction Markets Disrupt Big Gambling as Sportsbook Giants Lose Ground
Ah yes, the sweet irony of markets doing what markets do best: Humbling billion-dollar empires at the worst possible moment. Shares of DraftKings and Flutter Entertainment (parent company of FanDuel) have been hit hard after whispers grew louder that…
The Heisman’s Real Voters Are on Kalshi and Polymarket This Year
Welcome to the 2025 Heisman race, where the sportsbooks don’t matter, the media doesn’t matter, and the voters don’t matter, because Kalshi and Polymarket have already reduced the entire award to a two-man duel decided by one football game on Saturday.…
2026 Midterms: Prediction Markets Smell a Dem Sweep
If the political class is confused about 2026, don’t worry, the prediction markets have already decided what’s going to happen, how it’s going to happen, and how much they’re willing to lose betting on it. Kalshi and Polymarket traders have been grinding…
2028 Election Prediction Markets Data
Kalshi and Polymarket traders continue to out-dramatic cable news, and with actual numbers. If you thought the last election cycle was chaotic, congratulations, prediction markets have decided to turn 2028 into a long-running dark comedy. Let’s check in…
Kalshi Rockets To $11 Billion Valuation With Rumored CNN Deal
The prediction market space has been on a heater this year, but Kalshi just turned up the thermostat. According to a new funding report from Kalshi, the regulated event contract exchange has raised $1 billion in fresh capital, instantly pushing its…
DraftKings To Bring Prediction Markets to ESPN
The Penn Entertainment–ESPN partnership, once pitched as a potential 10-year, $2 billion powerhouse, is now ending early. What used to be ESPN Bet has already been rebranded as theScore Bet, as Penn retreats back to the brand it actually understands.…