The archive.

24 issues
24 AUG 2026Cantor Open Kalshi to Institutional MoneyNews Roundup: Cantor put Kalshi in front of 3,000 institutional clients, perpetual futures on the S&P 500, and the rise of parlays.21 AUG 2026Do Parlays Pay the Bills? Part 3Revisiting the fastest-growing product in prediction markets, and the economics behind them.17 AUG 2026Kalshi Buy Nasdaq's Surveillance StackNews Roundup: Kalshi buy the surveillance stack and bring back an ex-CFTC official, JPMorgan debanked Polymarket last year, and regulators move on the sector from four directions.13 AUG 2026DraftKings and Flutter Both Post Q2 LossesDraftKings' Predictions volume hit $11 billion annualised in July. FanDuel Predicts revenue was immaterial, and they're focused on market-making on other exchanges. 10 AUG 2026Polymarket Seeks A $20 Billion Valuation News Roundup: Polymarket seek a $20 billion valuation, Utah wins in court, and CME + FanDuel venture finally pulls back. Plus, everything else in prediction markets this week.06 AUG 2026The State of Prediction Markets, Q2 2026 [NEW REPORT]Prediction markets traded $111 billion in Q2, more than 2024 and 2025 combined. The full report is out today, and it is free.03 AUG 2026New York Want $36 Billion From KalshiNews Roundup: New York sue Kalshi for $36 billion, IG Group buy Underdog for up to $2.15 billion, the CFTC sue five states, prediction markets post their biggest month ever, and parlays cost Kalshi traders $294 million. Plus, everything else in prediction markets this week.30 JUL 2026Robinhood Earn More From Prediction Markets Than Stocks or CryptoEvent contracts hit $156 million in Q2, equating to 20% of trading revenue. 27 JUL 2026Robinhood want more in Prediction MarketsNews Roundup: Robinhood want more contracts, regulation heats up, app data shows sportsbook users are switching, FT investigation finds a $9M Polymarket account nobody will claim. Plus, everything else in prediction markets this week.23 JUL 2026The Ice Cream HedgeAn LA ice cream shop is paying 43% of its rent hedging weather contracts. But has the therm 'hedging' now got out of hand?20 JUL 2026Underdog Open Their Own Exchange, Kalshi Price Compute, and the White House Gets Caught BettingNews Roundup: Underdog go live on their own CFTC-licensed exchange, Kalshi launch forward curves for AI compute, and Trump's teleprompter operator gets caught betting on his words. Plus, everything else in prediction markets this week.16 JUL 2026Kalshi's Forward Curves Show Prediction Market PotentialPrediction markets are now building benchmarks for important markets that don't have them. 13 JUL 2026Kalshi Lose New York, Wall Street Bans Bets, and Polymarket Wants LeverageNews Roundup: Kalshi's court winning streak ends in Manhattan, Goldman ban staff from betting on finance, and Polymarket file to bring margin trading to the US. Plus, everything else in prediction markets this week.08 JUL 2026DraftKings Go Solo, Spotify's Rigged Charts, and a Senate Ban BillNews Roundup: DraftKings launch their own exchange, a Kalshi trader catches Spotify chart fraud, and Congress takes its first bipartisan swing. Plus, everything else in prediction markets this week.02 JUL 2026Meta Want Prediction Markets. Why?Zuckerberg ordered a prediction market app. For Meta? It is a good engagement toy and a bad business.29 JUN 2026Polymarket Gets Probed, Kalshi's $40bn Raise, and Zuck Wants PM News Roundup: The regulators and the courts come for Polymarket. Kalshi are in talks to raise at a $40bn valuation. And Meta may be building their own PM. Plus, everything else in prediction markets this week.25 JUN 2026Robinhood Enters the ChatThe tech giant's prediction market product is picking up momentum... with a 20x increase in contracts traded in June. And it's all thanks to the World Cup. 18 JUN 2026Why Don't Prediction Markets Pay You Sooner?Live sports move in minutes, but settlement takes hours. How does that work for prediction markets?12 JUN 2026A Bar in New York and a Spanish Football Club Hedge Their FutureHedging with Prediction Markets05 JUN 2026How Big Is Kalshi's Combo (Parlay) Market, Really?Kalshi launched its exotic combo (parlay) product on NFL opening day, September 17, 2025. In eight months, it processed $1.42 billion in handle from 30+ million trades. 14 MAY 2026Do Parlays Pay the Bills?Kalshi launched Combos (parlays) in September 2025. By April 2026 they were 22% of platform volume. 07 MAY 2026Everyone's a LoserWSJ say that 67% of Polymarket profits go to just 0.1% of accounts. But what does this actually mean?30 APR 2026Who is the Customer? We're in a prediction markets supercycle. And everyone wants to intergrate them. But who is the customer?02 MAR 2026Sports Trading Platform Novig Raise $75M Series B