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Google Engineer's Insider Wagers at Polymarket
Google employee Michele Spagnuolo has been charged with using insider information to wager on search-related markets at Polymarket.
Australian Regulators Monitoring US Prediction Platforms
Australian regulators are monitoring US-based prediction market platforms that are hosting bets on Australian elections, Reserve Bank decisions, and specific words Prime Minister Anthony Albanese may say in Parliament.
Spain Blocks Polymarket and Kalshi Over Licensing Concerns
Spain has moved to block access to prediction market platforms Polymarket and Kalshi while regulators investigate whether the companies have been operating in the country without the required gambling licenses.
Rhode Island Sues Kalshi and Polymarket Over Sports Event Contracts
Rhode Island Attorney General Peter F. Neronha sued prediction market operators Kalshi and Polymarket in state court on Thursday, alleging their sports event contracts violate state gambling laws because they function like traditional sports betting.
Buenos Aires City Lottery's Action Against Polymarket
Two months ago, Argentina became the first South American country to initiate an outright block against a predictions markets platform when the Buenos Aries City Lottery (LOTBA) pursued action against Polymarket.
US Prediction Markets Target Australian Politics
US-based online prediction sites are drawing attention for allowing users to speculate on the minutest details of Australian public life, from elections to the very words uttered by the country’s prime minister.
Prediction Markets Weekly Update
Another busy week in the prediction market has closed, with major players in the space working to bolster their operations and counter pushback against event contracts.
Polymarket to Launch Parlays in the US
Polymarket is preparing to launch parlays on its platform as it expands in the US.
India Blocks Access to Polymarket Amid Crackdown
Users in India have lost access to Polymarket after government authorities moved to restrict entry to prediction market platforms classified as prohibited online money gaming services under local law.
South Korea to Review Legality of Polymarket's Platform
The undisputed growth of prediction markets has attracted the attention of South Korean authorities, who will now review the Polymarket platform to determine whether its products violate the local law.
Polymarket files for CFTC self-certification of parlay-style sports
Polymarket's US subsidiary, QCX LLC, has submitted a self-certification request to the Commodity Futures Trading Commission (CFTC) for a new sports-trading product that combines multiple event outcomes into a single contract.