By SectorWire desk · · Updated
Polymarket is raising a new $1bn funding round on 1 September 2026. The report puts the valuation at $21bn.
The proposed round would provide Polymarket with $1bn in additional capital.
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Kalshi and Polymarket face a requested Senate examination of whether presidential family connections enabled financial gain or privileged access.
Polymarket’s funding adds US$1bn in capital and raises its valuation from US$15bn to US$21bn.
North Carolina's approach allows CFTC-registered prediction market operators to operate without state licences while paying a 6% tax.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.