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French Regulator Examines Polymarket
French regulators are looking into Polymarket after a massive surge in US election betting
Election
betting
surged during the 2024 presidential campaign, and the rising popularity of gambling on politics has drawn the attention of at least one government watchdog.
Polymarket
, the crypto-based
betting
site which saw four accounts tied to one ...
Whales Won Millions Betting on Trump, But 86% of Polymarket Traders Have Lost Money
The vast majority of Polymarket users have lost money on the prediction market platform, fueling profits for a small sliver of whales.
The French whale on Polymarket just won $40 million betting on Trump
In the weeks leading up to the 2024 presidential election, what appeared to be a small group of traders dumped millions of dollars into Polymarket, betting that Donald Trump would win. It turns out it was just one French whale who had pushed tens of millions of dollars into the market,
Polymarket ‘whale’ who bet big on Trump win raked in $48M in profits
The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the wager, according to the crypto-based betting platform.
French Watchdog Probes Polymarket, Where Trader Won Big on Trump Bet
France's gambling regulator said on Thursday it was examining whether Polymarket, the platform where a French trader placed a successful multi-million dollar bet on Donald Trump winning the U.S. presidential election,
French Regulator Examines Polymarket After Bets on Trump
France’s gambling regulator is examining the operations of cryptocurrency-based prediction markets platform Polymarket to see if it complies with its rules following a surge in user demand around the US presidential election.
2d
Banned betting platform Polymarket paid U.S. social media influencers for election content
Photographer: Michael Nagle/Bloomberg(Michael Nagle / Bloomberg) The predictions-
betting
platform
Polymarket
has been ...
The Daily Hodl
2h
French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report
As Polymarket bettors worldwide rake in their wins following President Donald Trump's re-election victory over Vice President ...
New York Sun
2h
Despite Being Vilified by ‘Experts,’ Election Betting Markets Turned Out To Be More Accurate Than Pollsters
The chief executive of Polymarket, Shayne Coplan, told CNBC’s “Squawk Box” that his betting site was a more accurate and more timely indicator of where the presidential race was moving when compared ...
cryptonews
1h
France Considering Banning Polymarket: The Big Whale
Read more about Cryptonews French regulator Autorite Nationale des Jeux (better known as the National Gambling Authority) is ...
blockonomi
11h
French Regulator Investigates Polymarket After $3.5B Election Trading Volume
French regulators consider banning Polymarket following $3.5 billion in US election betting volume and a $47 million payout ...
2d
on MSN
Election Betting Odds: Trump Hits 99% On Polymarket, Kalshi As More Election Results Come In
ToplineWith polls closing in mere hours, betting markets firmly favor former President Donald Trump to secure a second ...
2d
The surge in election betting has catapulted Kalshi and Polymarket to the top of Apple's App Store
Nearly $5 billion in bets have been placed on the outcome of the presidential election across Polymarket and Kalshi.
2d
on MSN
Polymarket paying US-based influencers to promote election betting despite federal ban: report
Influencers have posted content sponsored by Polymarket on their Instagram pages in recent weeks using the hashtag #PMPartner ...
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