Polymarket faces scrutiny as viral betting wins may be fabricated

Senegal's potential World Cup exit highlights the unpredictability of expanded formats and the high stakes in sports prediction markets. The post Senegal faces World Cup elimination against Iraq as prediction markets back the Lions of Teranga appeared first on Crypto Briefing.

Meta's Arena app could reshape the prediction market landscape, potentially impacting existing platforms and signaling tech trends. The post Meta plans AI-powered prediction market app Arena to rival Kalshi and Polymarket appeared first on Crypto Briefing.

The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.

Federal regulation of prediction markets could streamline compliance, attract institutional investment, and shift control from states to the CFTC. The post Polls show US voters favor federal rules for prediction markets over state regulations appeared first on Crypto Briefing.

The CFTC filed suit against Kentucky on Monday after the state sued prediction-market operators Kalshi and Polymarket for operating without gaming licenses, making Kentucky the ninth state to face federal litigation over who controls event-contract regulation.

The surge in prediction market activity during the World Cup highlights growing investor interest and potential regulatory challenges in this sector. The post Polymarket volume surges 300% during World Cup, Kalshi hits $1B open interest appeared first on Crypto Briefing.

Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone prediction market app inte

The CFTC sued Kentucky on June 23, 2026, challenging its 14.25% excise tax and state lawsuits targeting Kalshi, Polymarket, and Robinhood as unlicensed gambling operators. The post Kentucky’s Prediction Market Crackdown Faces Federal Lawsuit and Preemption Fight appeared first on 99Bitcoins.