The prediction market newsletter.
Predicted covers the business of prediction markets. The data, the deals and the regulation, in one issue a week. Read by operators, investors and policy people across the industry.
Data
Volumes, market share and the numbers behind Polymarket, Kalshi and the challengers.
Deals
Funding rounds, launches and who is building what.
Regulation
The CFTC, the states and the court fights that decide what these markets can be.
Recent issues.
from the archive
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.Questions.
What is Predicted?
Predicted is a weekly newsletter about the business of prediction markets. Each issue covers the week's data, deals and regulation, and subscribers get the quarterly State of Prediction Markets report.
What does the newsletter cover?
The companies and markets behind event trading. Polymarket, Kalshi and the challengers, the funding rounds and product launches, and the CFTC, state and court decisions that shape what these markets can be.
How often does it come out?
Weekly. The roundup lands on Mondays.
Is it free?
Yes. The weekly newsletter is free, and the quarterly report is free for subscribers.
