polymarket

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

Photo via Billy Tompkins/ZUMAPRESS/Newscom

Markets

State Regulators Bet on a Legal Difference Between Prediction Markets, Sports Gambling

Connecticut claims Kalshi, Robinhood and Crypto.com don’t have the proper licenses to handle sports wagers in the state.

2 min read
Photo by Naser Tamimi via Unsplash

Advisor Upside

Prediction Markets Are Worrying Wealth Managers

While older investors might not be as tuned into prediction markets, some in the wealth industry fear they’re a growing threat to next-generation clients.

2 min read

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