Business Technology

Meta to Launch Prediction Market App

Meta to Launch Prediction Market App

The app is part of Meta’s push into new interactive formats, but it raises regulatory questions.

Prediction markets have grown rapidly in popularity on platforms such as Polymarket and Kalshi.

Meta’s entry could disrupt both betting and social media sectors.

The development was first reported by the New York Times.

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Meta InvadingInvader, CC BY-SA 4.0
Meta
American multinational technology corporation
Mark Zuckerberg
American Internet entrepreneur
Polymarket
Online prediction solicitation and aggregation engine
Kalshi
American prediction market platform
DraftKings
Daily fantasy sports content provider