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Polymarket Plans Fees 100 Times Lower Than Rival Kalshi
- This year, Kalshi and Polymarket expanded into the sports sector, driving a predicted turning point as combined transaction volume rose by more than 90% month-on-month in October.
- Kalshi and Polymarket offer dynamic yes/no event contracts regulated by the U.S. Commodity Futures Trading Commission, allowing them to bypass state gambling regulators and betting licenses.
- The NHL announced a multi-year partnership granting Kalshi and Polymarket rights to use league data and branding while requiring integrity monitoring; Keith Wachtel said markets have brought incremental growth without harming betting partners.
- Kalshi's federally registered status has prompted legal fights as multiple states issued cease-and-desist orders, and Kalshi countersued, escalating cases to the U.S. Court of Appeals for the Third Circuit with 34 state attorneys general backing New Jersey.
- Amid industry entries and backlash, DraftKings acquired Railbird Technologies and will launch DraftKings Predictions with Polymarket as clearinghouse, while AGA Chairman Bill Miller called NHL deals `backdoor gambling schemes` and urged other leagues to avoid such platforms.
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14 Articles
Polymarket, Kalshi, and the Line Between Investing and Gambling
In this episode of Motley Fool Money, analysts Emily Flippen and Sanmeet Deo and contributor Jason Hall break down what prediction markets are, why they exploded, how regulators view them, and the smartest ways investors might (or might not) get exposure. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. When you're ready to invest, check out this top 10 list of stocks to buy.Where to invest $1,000 righ…
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Coverage Details
Total News Sources14
Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 16%
Factuality
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