Betting Markets
Coverage of Betting Markets in the Nexus archive.
- Trump: ‘Critically important’ CFTC has exclusive authority over prediction markets
President Trump emphasized the importance of the Commodity Futures Trading Commission (CFTC) maintaining exclusive authority over prediction markets, following lawsuits against states that attempted to regulate or ban such markets.
- Polymarket and Kalshi’s combined lifetime volumes hit $150 billion in April
Polymarket and Kalshi's combined lifetime trading volumes reached $150 billion in April, positioning them as the leading platforms in the growing prediction betting market sector, which is increasingly drawing public and regulatory attention.
- Google says Polymarket bets showing up in News was an ‘error’
Google News mistakenly included Polymarket betting links in its results, which Google later removed, calling it an error. The links directed users to prediction markets tied to news events, with examples like searches about ship transit. Google emphasized its policies for eligible news sources.