Polymarket Targets Over $20 Billion Valuation in New Funding Round
Prediction market platform Polymarket is reportedly seeking to raise around $1 billion in a new funding round that could value the company at more than $20 billion, according to a Bloomberg News report published...
Sports Betting Industry Election Spending Tops $72 Million in U.S. Midterms
The U.S. online sports betting industry has spent at least $72 million on the 2026 midterm elections, making it the third-largest corporate political donor behind the cryptocurrency and technology sectors. Major betting companies including...
CFTC to Introduce New Rules for Oversight of Prediction Markets
The U.S. Commodity Futures Trading Commission (CFTC) is preparing to propose new regulations aimed at governing the rapidly expanding prediction market industry, according to a report by The Wall Street Journal. Prediction markets allow...
SEC Delays Approval of Prediction-Market ETFs Amid Growing Scrutiny
More than two dozen exchange-traded funds (ETFs) tied to real-world events such as elections, recessions, and tech layoffs are awaiting regulatory clearance from the U.S. Securities and Exchange Commission. Asset managers including Roundhill Investments,...