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July 17, 2026

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Tag: prediction markets

Readers Dessert July 16, 2026
  • Bitcoin

France’s World Cup Exit Erases Sportsbook Liability as Prediction Volume Surges

Readers Dessert July 16, 2026
France’s 2-0 semifinal defeat to Spain eliminated one of the most heavily backed teams on U.S. sportsbooks, wiping out major outright and player-prop liabilities. The result also closed France’s positions across multibillion-dollar…
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Readers Dessert July 16, 2026
  • Bitcoin

CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided

Readers Dessert July 16, 2026
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while…
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Readers Dessert July 6, 2026
  • Bitcoin

Coinbase AI Declares Norway World Cup Winner Before Kickoff as Armstrong Orders Review

Readers Dessert July 6, 2026
Coinbase came under fire after an artificial intelligence (AI)-generated alert told users Norway had beaten Brazil 3-2 in a World Cup knockout match that had not yet been played. A Major Goof…
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Readers Dessert June 30, 2026
  • Bitcoin

Arkham Intelligence Ranks Polymarket Traders by Skill — Top Forecaster Hits 66.1% Win Rate

Readers Dessert June 30, 2026
Arkham Intelligence rolled out a new skill-based rating system for Polymarket traders on Monday, shifting how the platform measures performance from profit totals to forecasting accuracy. What Elo Measures The new feature,…
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Readers Dessert June 25, 2026
  • Bitcoin

CFTC Sues Kentucky to Shield Kalshi and Polymarket – the First Republican-Led State It’s Targeted

Readers Dessert June 25, 2026
The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April, and the…
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Readers Dessert June 20, 2026
  • Bitcoin

‘Stop Lawmakers From Predicting’: GOP Bill Targets Congress Betting on Kalshi and Polymarket

Readers Dessert June 20, 2026
Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy outcomes via…
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Readers Dessert June 14, 2026
  • Bitcoin

Kalshi Traders Price Fable 5 Return at 68% Before July 1 After Historic AI Ban

Readers Dessert June 14, 2026
It’s been reported that Amazon CEO Andy Jassy alerted senior Trump administration officials to security findings from his company’s internal research team, setting off a chain of events that ended with the…
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Readers Dessert June 12, 2026
  • Bitcoin

World Cup 2026 Could Draw $50 Billion in Bets, a First for Prediction Markets

Readers Dessert June 12, 2026
Macquarie expects the 2026 World Cup to draw more than $50 billion in global wagers, the biggest betting event ever – a major milestone made even more important by this being the…
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Readers Dessert May 19, 2026
  • Bitcoin

Nine Polymarket Accounts Flagged After 98% Win Rate on Iran Strikes

Readers Dessert May 19, 2026
Nine linked Polymarket accounts earned over $2.4 million with an unprecedented 98% win rate by betting on the exact timing of U.S. military operations in Iran. The Rise of Geopolitical Betting Nine…
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Readers Dessert May 12, 2026
  • Bitcoin

Wisconsin Federal Judge Hands Tribes First IGRA Win Against Kalshi Sports Bets

Readers Dessert May 12, 2026
A federal judge in Wisconsin has found that the Ho-Chunk Nation is likely to succeed in blocking Kalshi from offering sports event contracts on tribal land under the Indian Gaming Regulatory Act…
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