Prediction Markets Boom in 2025: How Kalshi, Polymarket and Big Tech Are Turning “What If?” Into a Business
On November 16, 2025, CBS Sunday Morning aired a cover story on prediction markets like Kalshi and Polymarket, coinciding with a Financial Times column warning of their political impact. NHL and UFC signed deals with these platforms, while Wall Street firms invested billions. Kalshi reported $4 billion in monthly trading volume by October. New U.S. regulations are reshaping the industry.
