Meta Platforms chief executive Mark Zuckerberg has reportedly directed a small group of employees to develop a prediction market app called Arena. The app is expected to use points rather than real money, according to the report, which cited unidentified staff members.
A potential Meta entry could add a major technology company to the prediction markets sector, although the reported app would not use real money.
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SCCG Management said its portfolio company Tater supplied data for a CNBC segment about US midterm election prediction markets. The chart showed a 74% probability for Democratic control of the Senate, compared with 87% implied by individual contracts, according to the company’s account.
Tater, described as a data and analytics platform for the prediction market, is a portfolio company of SCCG Management, which announced the firm appeared on CNBC's Closing Bell. The network's segment carried the title “Betting on the Midterm Elections,” and within it CNBC displayed a full-screen chart credited to Tater under the heading “Kalshi Traders and the Blue Wave.”
Sportradar reported that US revenue rose 47% year on year to €98m in Q3 2026, which the company attributed partly to growing demand from prediction-market businesses. Chief executive Carsten Koerl said the impact of states excluding markets was not material to the company, citing contract terms that restrict content use where those products cannot be offered.
U.S. revenue rose 47% to €98m ($109.7m) in Q3 2026, against Q3 2025. Growing work in the prediction markets industry fueled the 47% year-over-year increase in Sportradar’s U.S. revenue in Q3. CEO Carsten Koerl said he does not worry about more states excluding sports event contracts.
Prediction-market platforms were trading contracts on control of the US House and Senate during the 3 November midterm elections, according to the report. It cited Kalshi and Polymarket prices at 10:32 a.m. ET and said no results had been reported by then. The report also described third-quarter figures from Robinhood, including $173 million in event-contract revenue and 16.4 billion contracts traded.
Kalshi and the Philadelphia 76ers entered a multi-year partnership, reportedly announced on 2 November 2026. The agreement includes postgame SEPTA rides for fans who attended the team’s game against the Knicks on 30 October, alongside fan-engagement activities.
The Philadelphia 76ers and Kalshi have reportedly entered a multi-year agreement that makes Kalshi an official partner of the team.
DraftKings launched its DraftKings Predictions app in December 2025 and introduced its DKeX contracts market on 26 June 2026, according to the report. The company developed DKeX using technology and authorisations obtained through its acquisition of Railbird Technologies; the report also says a US professional basketball league expanded its agreement with DraftKings on 26 October to cover prediction markets.
DraftKings is developing its own event-contracts platform and expanding its presence in prediction markets, where it competes with platforms including Polymarket and Kalshi. The Boston-based company, listed on Nasdaq, operates through the independent group DraftKings Inc., which also owns Golden Nugget Online Gaming, acquired in 2022, and the digital lottery platform Jackpocket. Golden Nugget Online Gaming forms part of the group's online casino business, while the physical Golden Nugget casinos were excluded from that acquisition.