Tag: prediction markets
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Prediction markets are becoming more professionalized, but also harder to beat
The institutionalization of prediction markets threatens to erode the edge of skilled traders who earn off mispricing and market inefficiencies, experts say.
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UK’s IG Group bets big on US prediction markets with $1.3 billion Underdog deal
July 30 : Britain’s IG Group said on Thursday it has agreed to acquire U.S. daily fantasy sports and prediction markets operator Underdog for up to $1.3 billion, deepening its push into the fast-growing U.S. retail trading market.The deal includes an upfront consideration based on an enterprise value of about
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Coinbase restores prediction markets trading after technical issue
July 9 : Coinbase has restored prediction markets trading on its platform after users were unable to place trades, the company said in a status message on Thursday.The firm told Reuters that service has now resumed, without elaborating on what caused the issue.An earlier status message on the website n
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Mark Zuckerberg directed Meta to create a prediction markets app, NYT reports
June 23 : Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on Tuesday, citing two employees with knowledge of the matter.
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Prediction Markets
The latest news and insight involving the growing prediction markets such as Kalshi and Polymarket.
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