polymarket Archives

November 19, 2025

Polymarket CEO Shayne Coplan shared his cynical — albeit partially accurate — thoughts on legal online sports gambling in the United States. Coplan’s Polymarket is an online “prediction” platform that facilitates yes-or-no-style gambling on sports, politics, current events, and more. So-called prediction markets claim federal oversight under the CFTC, which they argue lets them avoid…

Legislation, Prediction Markets

New York ‘Prediction Markets’ Bill Would Deal Massive Blow To Gambling Platforms

Brian Pempus

November 12, 2025

A bill in New York would deal a gigantic blow to so-called “prediction markets” — online platforms that take bets on a wide variety of real-world events, including sports. Under federal oversight, some of these platforms have seen skyrocketing valuations in the second half of 2025. Under the proposed New York legislation, A9251, prediction markets…

Advertising, News, Prediction Markets

In Middle Finger To States, NHL Signs Gambling Deals With Kalshi, Polymarket

Brian Pempus

October 22, 2025

The National Hockey League (NHL) has given so-called “prediction” gambling platforms Kalshi and Polymarket their most significant sports endorsement yet. The NHL on Wednesday announced “multiyear U.S. agreements” with Polymarket and Kalshi, naming both companies as “official prediction market partners.” The league deployed the reckless and harmful euphemism “predicting” to refer to “yes/no” gambling. These…

Opinion, Prediction Markets

Billionaire Gambling Investor Calls Critics ‘The Antichrist’

Brian Pempus

October 10, 2025

German-American billionaire Peter Thiel, investor in the online betting platform Polymarket, has called critics of his investments “legionnaires of the Antichrist” in a series of threatening lectures, The Washington Post reported Friday. In leaked audio obtained by The Post, Thiel railed against what he believes are evil forces in U.S. society that criticize industries such…