Kalshi and Polymarket support prediction market VC fund
The founders of Kalshi and Polymarket, Tarek Mansour and Shayne Coplan, have spoken out in support of a new venture capital firm that is focused on companies serving the...
Prediction markets
New bill to ban sports prediction markets at federal level
On March 23, 2026, two U.S. Senators moved to introduce a new bill called "The Prediction Markets Are Gambling Act”, which would ban prediction market operators from offering...
Kalshi doubles valuation to $22B in latest funding round
According to sources quoted in the Wall Street Journal, a new $1 billion financing round led by investment company Coatue Management has pushed Kalshi to reach a valuation of...
Better Collective rolls out prediction market content
Better Collective, the digital sports media group, has announced its strategic expansion into the prediction market space with the launch of new content and products...
Alberta’s regulated market to ban election betting
On March 17, 2026, the Alberta Gaming, Liquor and Cannabis Commission (AGLC) announced that a change was made in section 4.6, ‘Sports and Event Betting’ of Alberta’s...
Polymarket banned in Argentina for offering illegal gambling
A court in Argentina ruled to ban Polymarket as a result of a legal case by the Buenos Aires City Lottery and the Argentine Chamber of Casinos against the platform, claiming...
Minnesota to ban prediction markets and sweepstakes casinos
On March 16, 2026, Minnesota lawmakers introduced two bills against prediction market platforms and online sweepstakes casinos in an effort to prohibit both.Senate File...
Kalshi partners with XP to launch Brazil prediction market
Kalshi has established a partnership with Brazilian brokerage firm XP International to launch its prediction market in the country, which will be the operator’s first...
New bill to ban federal officials from using event contracts
Two U.S. senators, Jeff Merkley and Amy Klobuchar, introduced a new bill on March 5, 2026, called the End Prediction Market Corruption Act, to fight against federal officials...
