kalshi

Media & Entertainment

Amid World Cup Mania, FanDuel Parent Drops Dual Listing

Photo via Sports Press Photo/Curtis Wong / SPP/Sipa USA/Newscom

Flutter told Barron’s last week that it expects to manage 100,000 bets per minute at peak times during the World Cup.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav and Anton Zacon via iStock

Markets

US Exchanges Crash Prediction-Markets Party

Nasdaq and Cboe are introducing binary bets on financial market events, capitalizing on the success of Kalshi and Polymarket.

4 min read
ETF Upside

Why Prediction-Market ETFs Got Stuck in an SEC ‘Rain Delay’

Several funds expected to launch this week are on hold after the agency asked for more information about the proposed products.

2 min read
Photo via Bryan Dozier/ZUMAPRESS/Newscom

Technology

Polymarket Polices Insider Trading as Lucrative Military Bets Raise Suspicions

Polymarket users have a 52% rate of winning long-shot wagers on military actions, a nonprofit research group recently found.

2 min read

Media & Entertainment

Wanna Bet? MLB Makes Polymarket Its Official Predictions Market Partner

Photo via Kyodonews/ZUMAPRESS/Newscom

MLB Commissioner Rob Manfred pitched prediction markets Thursday as potentially more immune to illegal behavior than online sportsbooks.

2 min read

Media & Entertainment

In Casinos, the House Always Wins. What About Prediction Markets?

Photo illustration by Connor Lin / The Daily Upside

Can Kalshi and Polymarket become the massive, all-purpose financial vehicles envisioned by backers or will they be disrupted by regulators?

5 min read

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