US chip and memory stocks rebounded in pre-market trading.
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Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading
Gabriel Perez used his access to Trump's speeches before delivery to bet on "presidential mention market" contracts, profiting more than $107,500 before the CFTC caught up with him.
EU Regulator Says Prediction Markets Are 'Rife With Inside Trading'
ESMA also asks why Kalshi and Polymarket block some EU countries but not others, and notes VPNs get around the blocks.
Morgan Stanley Joins NEXTPredict as Prediction Markets Bet on 'More Institutional' Play
The bulk of prediction market trades are still sports bets, while valuations are predicated on rising institutional interest.
CFTC issues warning over risky prediction market ‘mention’ contracts
The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches.
Bernstein Predicts $10 Trillion Prediction Market by 2035—10X Its Original Forecast
Bernstein now projects prediction markets will handle $10 trillion a year by 2035, up from its own $1 trillion by 2030 forecast made just five months ago.
Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.