Roobet launches prediction markets, first major crypto casino to adopt format
Roobet, a global crypto-first entertainment platform headquartered in Los Angeles, launched prediction markets on May 6, 2026. The company claims it is the first major crypto casino to integrate the format, positioning itself as a pioneer among crypto-native gambling operators in adopting the prediction-market product structure traditionally associated with regulated exchanges like Kalshi and Polymarket. The move merges two sectors—crypto gambling and prediction markets—that have operated on largely separate regulatory and customer-acquisition tracks. By launching the product, Roobet is betting that its existing user base of crypto-native gamblers will cross over into event-based speculative wagering without the Know-Your-Customer and geographic restrictions that constrain fiat-based prediction-market platforms.
Roobet’s move pressures Polymarket and Kalshi to defend their user bases as a crypto-native competitor with lighter compliance burdens targets the same event-speculation audience, potentially siphoning volume ahead of the 2026 midterm elections.