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

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

Meta is building Arena, a standalone prediction markets app directed by Mark Zuckerberg. Inspired by Polymarket and Kalshi, it may start with points before

June 23 : Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on…

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.

The report said that CEO Mark Zuckerberg directed staff to develop a prediction market platform, internally known as "Arena."

The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.

Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed "Arena."

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…

Meta is stepping into the Arena.

Meta Platforms is building Arena, a standalone prediction market app led by Mark Zuckerberg, initially using points instead of real money to compete with

Mark Zuckerberg wants a piece of the prediction markets boom, and he is building it in-house.

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…

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social…

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.

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…