Saturday, 27 June, 2026
Zuck’s Next Play: Meta Chases the $130B Prediction Market Craze
By TechShots Studio
Mark Zuckerberg has ordered Meta executives to explore partnerships with prediction giants Polymarket and Kalshi. Simultaneously, Meta is quietly developing its own standalone forecasting app, codenamed "Arena." Aiming to tap into the surging $130 billion event-betting market, Meta plans a points-based system for Arena to initially skirt gambling regulations, targeting younger users and a massive 100 million monthly active participant goal.
Read full story at REUTERS