PredictIt News & Prediction Market Coverage
Track the latest PredictIt news across prediction markets. Prediction News is following 9 active PredictIt stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Kalshi and Polymarket face scrutiny as drug, TV, and political betting expands
LegalPrediction market arbitrage gaps hit 12 live opportunities across Robinhood, Kalshi, and Polymarket
DealsFanatics acquires BGC exchange and clearinghouse, will partner on prediction markets
TradingCross-venue engine flags five live arbitrage spreads across Polymarket, Kalshi, and PredictIt
LegalKalshi attacks Wisconsin election-betting ban as voter suppression
TradingWorld Cup drives record prediction market volumes as Congress weighs bans
DealsUnderdog launches UDX, its own CFTC-regulated exchange for sports contracts
TradingDRW, Wintermute, and IMC build prediction market desks for Kalshi and Polymarket
TradingFanDuel Predicts expands into states without sports betting licences
Frequently Asked Questions
Is PredictIt legal?
Yes. PredictIt operates under CFTC no-action relief and received CFTC approval in 2025 for its operator Aristotle to run a regulated exchange and clearinghouse.
Who can trade on PredictIt?
Only U.S. citizens are permitted to open accounts and trade on PredictIt.
What markets does PredictIt offer?
PredictIt offers real-money markets primarily on U.S. elections, congressional outcomes, presidential administration actions, state and local races, and some world politics and financial events.
How does PredictIt differ from Polymarket or Kalshi?
PredictIt is tightly focused on U.S. political events, uses a continuous double auction with 10% fees on profits above cost basis plus withdrawal fees, and remains a non-profit academic project supported by Aristotle, unlike the broader sports and crypto-focused platforms.
Is PredictIt free to play?
No. PredictIt is a real-money platform; users buy and sell shares with actual funds, in contrast to free-to-play products like FanDuel Predicts.