Category: Polymarket (Adventure One QSS Inc)

Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket

The New York Times – Business:
The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.
Prediction Markets and States Clashed, Setting Off a Furious Political Battle

The New York Times – Business:
A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.
Prediction Firms Are Flagging Insider Traders. Many Will Not Face Charges.

The New York Times – Business:
The agency that polices the industry does not have the staffing, the legal tools or the will to broadly crack down on wagers that are easily manipulated, experts say.
Kalshi’s Tarek Mansour Isn’t Interested in Management Advice

The New York Times – Business:
Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.
How Polymarket Traders Revolted Over One Silly Syllable

The New York Times – Business:
How one silly syllable ignited a bitter dispute over the nature of reality on Polymarket.
A Viral Knicks Moment, Brought to You by a Prediction Market

The New York Times – Business:
What do a Jalen Brunson look-alike contest, a buzzy catchphrase and a dancing robot outside Madison Square Garden have in common?
Perfect Timing, Big Payouts: Insider Trading Red Flags Emerge on Polymarket

The New York Times – Business:
Dozens of long-shot bets on Polymarket, from the war with Iran to the cryptocurrency market, have defied the odds, according to a New York Times examination.
Why Investors Are Still Betting Big on Kalshi

The New York Times – Business:
The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December.
Trump Says He Dislikes Prediction Markets. His Family Invests in Them.

The New York Times – Business:
The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message.
What Are Prediction Markets, and Why Are They Causing Controversy?

The New York Times – Business:
The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat.
Polymarket Bets on Paris Temperature Prompt Investigation After Unusual Spikes

The New York Times – Business:
The authorities said a Paris airport weather sensor may have been tampered with as large wagers were placed on the betting site.
Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says

The New York Times – Business:
Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.