Tagged: Polymarket

Minnesota becomes first state to ban prediction markets
Polymarket

Minnesota becomes first state to ban prediction markets

Bobby Allyn | May 19, 2026, 4:28 PM UTC
While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies like Kalshi and Polymarket to operate.
A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows
A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows
In the final hours of President Biden's term, an anonymous prediction market trader placed lucrative bets on who would be pardoned even as the odds were nearly zero.
Bobby Allyn | Apr 16, 2026, 12:00 PM UTC
Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers
Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers
Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred.
The Associated Press | Apr 10, 2026, 7:33 AM UTC
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