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.…
Prediction Market Update: Kalshi on Top, Polymarket #2, Volume Dips
Another week, another data drop that proves prediction markets are still the most entertaining mix of finance, gambling, and "I read one chart so now I am Nate Silver." Let’s dive into the numbers from the past week. Transactions: Kalshi and Polymarket…
Polymarket’s Billionaire CEO Hits 60 Minutes, Prediction Markets Go Mainstream
Prediction markets just got their “prime time” moment, and no, it wasn’t because Kalshi decided to list a market on supervolcano eruptions (we covered that circus already). This time, the spotlight goes to Polymarket CEO Shayne Coplan, who just landed a…
Robinhood Dumps Kalshi For Prediction Market App in ’26
Well, color us shocked. Robinhood, the app that democratized finance (and occasionally pauses it when the plebs start winning), has decided that being friends is overrated. After a nice little fling with Kalshi, where Robinhood happily routed billions of…