Google Employee Faces Civil Action for Making $1M on Polymarket
A Google employee is being sued by the CFTC for allegedly using confidential information to earn over $1 million on Polymarket.
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A Google employee is being sued by the CFTC for allegedly using confidential information to earn over $1 million on Polymarket.
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Spain and Indonesia have declared prediction markets as gambling, banning leading platforms from operating in the countries.
Indonesia has blocked access to Polymarket as authorities expand enforcement against online betting, after a prediction market wager on the possible early end of President Prabowo Subianto’s term circulated widely on social media.
Spain has moved to block access to prediction market platforms Polymarket and Kalshi while regulators investigate whether the companies have been operating in the country without the required gambling licenses.
Australian regulators are monitoring US-based prediction market platforms that are hosting bets on Australian elections, Reserve Bank decisions, and specific words Prime Minister Anthony Albanese may say in Parliament.
Rhode Island Attorney General Peter F. Neronha sued prediction market operators Kalshi and Polymarket in state court on Thursday, alleging their sports event contracts violate state gambling laws because they function like traditional sports betting.
US-based online prediction sites are drawing attention for allowing users to speculate on the minutest details of Australian public life, from elections to the very words uttered by the country’s prime minister.
Monday, May 25, 2026, brings a Memorial Day NBA Playoffs spotlight with Knicks vs. Cavs Game 4 tipping off at 8 p.m. ET on ESPN.
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Polymarket is preparing to launch parlays on its platform as it expands in the US.