Meta’s prediction markets app to prompt scrutiny from British regulators Betting Meta’s reported plans to launch a standalone prediction market app could face regulatory hurdles in Britain, where rival US platforms have already struggled to gain access to one of the world’s largest betting markets. The New York Times reported on Wednesday that the Facebook owner is internally developing Arena, a new experimental prediction market product [...]
Easyjet founder bets on World Cup in prediction markets pivot Retail The billionaire behind Easyjet is taking a punt on sports betting as he launches prediction markets ahead of the World Cup. Sir Stelios Haji-Ioannou, who founded the budget airline in 1995, launched his Easybet platform in 2024 and is now expanding into prediction markets, City AM can reveal. Betting is the latest spin-off for the [...]
How are prediction markets like Polymarket more accurate than Wall Street analysts? Opinion Prediction markets like Polymarket are more accurate than Wall Street analysts in forecasting corporate earnings, but it's not for the reason you think.