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Trump, Polymarket
French regulators are looking into Polymarket after a massive surge in US election betting
France's gambling regulator said it's looking into Polymarket to determine compliance with domestic laws.That comes after one "whale" who bet $30 million on a Trump win was revealed to be a French national.
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. The anonymous bettor,
CNBC on MSN
4h
Polymarket plans to return to the U.S., founder says
Betting platform Polymarket halted U.S. operations in 2022, but plans to bring its prediction markets back to customers in ...
decrypt
9h
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 ...
3d
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 ...
blockonomi
17h
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 ...
Inside Bitcoins
1d
US Influencers Promote Betting on Polymarket Despite Restrictions
Polymarket, a decentralized prediction market platform, is actively engaging US-based social media influencers to promote ...
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.
New York Sun
8h
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 ...
CoinDesk on MSN
1d
Polymarket, Prediction Betting Markets Vindicated by Trump's Strong Showing
Tuesday night's election returns were a shocker if you only watched CNN. But not if you'd looked at the betting all along.
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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