Business News

3 May 2026

Polymarket and Lazio sign sponsorship deal

Polymarket aims for $15 billion valuation in fundraising talks 

The prediction market company Polymarket is sizing up a potential $400 million of funding to secure a $15 billion valuation. According to a report by The Information, the prediction market company is seeking to bring in additional strategic backers beyond Intercontinental Exchange (ICE), the parent of the New York Stock Exchange.

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Prediction markets to expand by more than $1 trillion, report estimates

Prediction markets to expand by more than $1 trillion, report estimates

The prediction market trading business continues to surge in 2026, with volumes on pace to more than quadruple this year and potentially reach $1 trillion within four years, according to private wealth management firm Bernstein. Activity has already jumped sharply, with leading platforms Kalshi and Polymarket generating $60 billion in volume this year.

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Prize draw potential talked up by white paper

Prize draw potential talked up by white paper

A white paper from the Rokker consultancy group suggests traditional iGaming platforms will begin to provide more prize draw opportunities to its customers due to lack of oversight, comparatively low acquisition costs, and a rising appeal among a growing customer base.

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