Meta CEO Mark Zuckerberg has initiated the development of a prediction markets platform, causing stocks of sports gambling giants DraftKings and Flutter Entertainment to decline.
Meta's prediction markets app won't involve real money trading
Jun 24, 2026
10:32 am
What's the storyMeta CEO Mark Zuckerberg has asked his team to develop a prediction markets platform, according to a report by The New York Times.
The move has already affected the stocks of sports betting companies DraftKings and Flutter Entertainment, with both witnessing a decline after the report was published.
Meta's Zuckerberg wants to build prediction market app like Polymarket and Kalshi: NYT
Meta's new prediction market app Arena could bring betting to 3 billion users
Meta is building a prediction markets app. These stocks are falling in response
Mark Zuckerberg Ordered Meta Staff to Develop Moneyless Prediction Market: NYT
Mark Zuckerberg directed Meta to create a prediction markets app: NYT - The Economic Times
Mark Zuckerberg directed Meta to create a prediction markets app, NYT reports
Mark Zuckerberg directed Meta to create a prediction markets app
Mark Zuckerberg directed Meta to create a prediction markets app: Report
Mark Zuckerberg wants Meta to launch its own prediction market | TechCrunch
Meta builds prediction markets app under Zuckerberg's direction
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Mark Zuckerberg directed Meta to build a prediction market app called Arena that would compete with Polymarket and Kalshi, the…
The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as "Arena."
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Meta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and…
June 23 : Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to…
