💥Europe's first dedicated prediction markets summit is coming to Gibraltar, Nov 9-10.
@EventusInt's new event lands just as Gibraltar's new prediction-market licensing regime takes effect.
More details 👇
@Kalshi Launches Pro Trading Terminal, Bundles In New Perpetual Futures Tools Kalshi just launched Pro — a dedicated trading terminal for its most active users.
Live public trade feed. Deeper order book views. Multi-leg contract tracking. New charting + risk tools for perps.
Still in beta, but publicly live now 👇
@Kalshi just lost its bid for a preliminary injunction against New York's gaming regulators. Judge Analisa Torres (SDNY) denied the request July 7 in KalshiEX v. Williams — the fight over CFTC vs. state jurisdiction on sports event contracts continues.
Full story👇
Prospect Markets (TSXV: MKT) signs a non-binding LOI with @cryptocom-backed OG Broker to bring sports event contracts to the US via a CFTC-registered exchange link — tapping a market it pegs at $1T+/year.
Needs NFA approval; both sides target a Q3 2026 launch. @ProspectMarkets
Full story:
Prediction markets promise the "wisdom of crowds" — enough people trading against each other, and the price beats pundits and polls. That's the whole pitch behind @Polymarket and @Kalshi.
A new @CNBC analysis checked: has the crowd actually shown up? 🧵👇
Counterpoint: Yale/LBS research says volume isn't the whole story — informed traders drive most accuracy gains, regardless of market size.
Fair point. But retail can't tell a skilled trader from a bot on the interface. Wisdom of crowds works — just not evenly, yet.
🚨 South Korea’s Communications Review Subcommittee has voted to hear Polymarket’s response before deciding on corrective action over gambling concerns.
No ban yet. No ruling yet. But the review that started with a May complaint just got a lot more concrete.
Full story 👇