Predicted
The Business of Prediction Markets. See What’s Coming.
Aug 6, 2026
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4 min read
Prediction markets traded $111 billion in Q2, more than 2024 and 2025 combined. The full report is out today, and it is free.
Aug 3, 2026
5 min read
News Roundup: New York sue Kalshi for $36 billion, IG Group buy Underdog for up to $2.15 billion, the CFTC sue five states, prediction markets post their biggest month ever, and parlays cost Kalshi traders $294 million. Plus, everything else in prediction markets this week.
Jul 30, 2026
Event contracts hit $156 million in Q2, equating to 20% of trading revenue.
Jul 27, 2026
News Roundup: Robinhood want more contracts, regulation heats up, app data shows sportsbook users are switching, FT investigation finds a $9M Polymarket account nobody will claim. Plus, everything else in prediction markets this week.
Jul 23, 2026
An LA ice cream shop is paying 43% of its rent hedging weather contracts. But has the therm 'hedging' now got out of hand?
Jul 20, 2026
News Roundup: Underdog go live on their own CFTC-licensed exchange, Kalshi launch forward curves for AI compute, and Trump's teleprompter operator gets caught betting on his words. Plus, everything else in prediction markets this week.
Jul 16, 2026
6 min read
Prediction markets are now building benchmarks for important markets that don't have them.
Jul 13, 2026
News Roundup: Kalshi's court winning streak ends in Manhattan, Goldman ban staff from betting on finance, and Polymarket file to bring margin trading to the US. Plus, everything else in prediction markets this week.
Jul 8, 2026
News Roundup: DraftKings launch their own exchange, a Kalshi trader catches Spotify chart fraud, and Congress takes its first bipartisan swing. Plus, everything else in prediction markets this week.
![The State of Prediction Markets, Q2 2026 [NEW REPORT]](https://media.beehiiv.com/cdn-cgi/image/format=auto,width=720,fit=scale-down,onerror=redirect/uploads/asset/file/af460328-f91f-47c0-9d79-ef3b5eb8259e/nl_q2_cover.jpg?t=1785943229)
