Meta Is Building a Prediction Markets App to Challenge Polymarket and Kalshi

According to a Tuesday report from the New York Times, Meta is currently developing a smartphone app that would work ...

Meta is building a prediction markets app. These stocks fell in response

The report said that CEO Mark Zuckerberg directed staff to develop a prediction markets platform, internally known as "Arena.
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Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT

Meta is developing an experimental prediction market-style app called Arena that would let users forecast outcomes in politics, sports, entertainment and world affairs. Unlike traditional platforms ...

The OpenAI IPO Isn’t Here Yet—but Prediction Markets Are Already Making Some Wild Bets

On Kalshi and Polymarket, users are already placing bold bets on valuations, timelines, and tickers for the Anthropic and ...

Economists have long pushed for prediction markets. The reality is not what they’d hoped for

Long before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel ...