Meta has not ruled out integrating real-money betting features into its platforms, as prediction markets boom and the company updates gambling ad policies.

Mark Zuckerberg directed Meta to build a prediction market app called Arena that would compete with Polymarket and Kalshi, the New York Times reported.

Prediction markets have swelled into a multi-billion-dollar business with users from all around the world betting billions of dollars.

Meta has not ruled out integrating real-money betting features into its platforms, as prediction markets boom and the company updates gambling ad policies.

Internally dubbed “Arena,” Meta is experimenting with a prediction market platform that uses points, the New York Times reported.

Meta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Initially, it will likely use a points…

Mark Zuckerberg reportedly wants Meta to have its own prediction market app.

Unlike traditional prediction market platforms such as Polymarket or Kalshi, users would likely rely on a video game-like points system instead of cash, although the company has…

Meta, which said it had more than 3.5 billion users across its family of apps as of March, could challenge Kalshi’s and Polymarket’s market share with the reported launch of a…

Meta launched Arena, a standalone prediction market app using points instead of real money, posing a major competitive threat to Polymarket and Kalshi.

Nachdem Mark Zuckerberg Milliarden US-Dollar für sein „Metaverse“ versenkt hat, stößt der Facebook-Gründer das nächste Großprojekt an: eine Wettplattform nach Vorbild des…

The company is building an app separate from Facebook and Instagram where people can wager on the outcome of real-world events, using "play money."

NEW YORK — Polymarket and Kalshi, prediction markets on which users can bet on outcomes as varied as the Super Bowl and the length of the State of the Union address, have been…

Meta is building a prediction markets app called Arena under Zuckerberg's direction, potentially challenging Polymarket and Kalshi with its massive user

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 is reportedly exploring a new standalone app that could place it in one of the internet’s fastest-growing categories: prediction markets. According to reports, CEO Mark…

Meta is reportedly exploring a new standalone app that could place it in one of the internet’s fastest-growing categories: prediction markets. According to reports, CEO Mark…

The app, which is said to be called Arena, is in its experimental stages, reports The New York Times.

Social media giant Meta has built a prediction markets app similar to Polymarket and Kalshi, The New York Times has reported.

Facebook and Instagram want in on the lucrative prediction market industry.

Meta’s plans to launch a standalone prediction market app could face UK regulatory hurdles, where US players have struggled to gain access