Predicted
The Business of Prediction Markets. See What’s Coming.
Aug 13, 2026
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5 min read
DraftKings' Predictions volume hit $11 billion annualised in July. FanDuel Predicts revenue was immaterial, and they're focused on market-making on other exchanges.
Aug 10, 2026
4 min read
News Roundup: Polymarket seek a $20 billion valuation, Utah wins in court, and CME + FanDuel venture finally pulls back. Plus, everything else in prediction markets this week.
Aug 6, 2026
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
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.
![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)
