According to a recent report, the two heavyweight prediction markets, Polymarket and Kalshi, are said to be chatting with prospective backers about fresh fundraising rounds. Current figures place Kalshi’s valuation near $11 billion and Polymarket’s around $9 billion, and if capital does come calling, each company is eyeing a lofty $20 billion post-money valuation. Polymarket […]
Source link
Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making
Key TakeawaysHB 2711 would bar gambling companies from serving as prediction-market makers.The bill sets a 21+ age limit and hands...
