Author: Trader Edge

TLDR Polymarket is partnering with Palantir (PLTR) and TWG AI to build a sports integrity platform. The Vergence AI engine will detect and report suspicious trading activity. Tools are being built for a planned U.S.-regulated Polymarket platform. Rival Kalshi has already referred two insider-trading cases to the CFTC. Polymarket is also working with compliance firm Integrity Compliance 360. Polymarket has confirmed a partnership with Palantir Technologies (PLTR) and TWG Global’s AI unit to build a sports integrity platform for its prediction markets. The platform will use the Vergence AI engine — a tool created through a joint venture between Palantir…

TLDR Gamco Investors raised its stake in Caesars (CZR) by 72.8% to 999,162 shares worth ~$27M in Q3 Caesars missed Q4 EPS badly, reporting -$1.23 vs. the -$0.18 estimate, but revenue of $2.92B edged past forecasts Kalshi prediction market traders are pricing in a 68% chance of Caesars being acquired in 2026 Multiple potential bidders are rumored, including management and billionaire Tilman Fertitta Institutional ownership stands at 91.79%, with Goldman Sachs doubling its position in Q1 Caesars Entertainment (CZR) is back in the spotlight — and not just because of a rough earnings print. A wave of institutional buying and…

TLDR Benchmark reiterated a Buy rating on DKNG with a $29 price target; stock currently trades at $25.15 DKNG has dropped 45% over the past six months, hitting a 52-week low of $21.01 New York online sports betting revenue surged 68% year-over-year in Week 9 despite a 10% handle decline Director Harry Sloan bought 100,000 DKNG shares for ~$2.19M in February; insiders own 51.19% of the company 25 of 31 analysts rate DKNG a Buy, with an average price target of $37.19 DKNG has had a rough ride. The stock has fallen 45% over the past six months, sitting at…

TLDR Oil prices surged past $100 a barrel, hitting highs not seen since 2022 The Dow dropped over 800 points; the S&P 500 and Nasdaq also fell sharply Kalshi recession odds jumped from under 25% to above 34% in days The Strait of Hormuz closure and U.S.-Iran conflict are driving the oil shock G7 ministers met Monday to discuss releasing reserves from the IEA Oil prices exploded past $100 a barrel on Monday, sending U.S. stocks sharply lower and pushing recession fears to their highest point in months. West Texas Intermediate crude traded around $99–$103 a barrel by Monday morning.…

TLDR Polymarket and Kalshi are each in early talks to raise new funding at valuations of around $20 billion Both were valued at roughly half that in late 2024 — Kalshi at $11B, Polymarket at $9B January 2026 saw $26.7 billion in prediction market trading volume across seven platforms State regulators are challenging both companies over whether they need state gambling licenses The WSJ reports talks are preliminary and could fall through or close at lower figures Prediction markets Polymarket and Kalshi have been talking to potential investors about new funding rounds, according to a Wall Street Journal report published…

TLDR MGM stock rose 2.32% to $36.68 on Wednesday, its second consecutive day of gains Q4 EPS came in at $1.60, beating the $0.64 analyst estimate by $0.96 Revenue of $4.61B topped expectations of $4.42B IAC Inc. purchased nearly 1.1 million MGM stock at $36.30, totalling ~$39.9M TD Asset Management raised its stake by 146.9%, adding 55,300 units in Q3 MGM Resorts International had a solid Wednesday, climbing 2.32% to close at $36.68. That marked the stock’s second straight day of gains. MGM Resorts International, MGM The move came on a broadly positive day for markets. The S&P 500 rose…

TLDR Caesars Entertainment opened its first retail sportsbook in Summerlin, Las Vegas, on March 3, 2026. The nearly 6,000 sq ft venue is located at The Resort at Summerlin. A 360-degree LED video display is planned for completion before summer 2026. Twenty self-service betting kiosks are available 24/7 across the casino floor. The location offers first-ever in-person Caesars Sportsbook app registration in Summerlin. Caesars Entertainment opened a new retail sportsbook at The Resort at Summerlin on March 3, 2026, marking the brand’s first physical sportsbook presence in that part of Las Vegas. Caesars Entertainment, Inc., CZR The ribbon-cutting ceremony included…

TLDR Senator Chris Murphy plans to introduce a bill banning prediction market trading on government actions like military strikes. Blockchain data showed six wallets made a combined $989,191 profit betting on the US Iran strike hours before it happened. The largest single wallet turned $60,816 into $494,375 profit by buying shares at 10.8 cents each. A House companion bill is being prepared by Rep. Mike Levin; similar insider trading cases have occurred on Polymarket before. Kalshi and Polymarket recorded a combined $18.3 billion in trading volume in February 2026. Senator Chris Murphy said Wednesday he will introduce legislation this month…

TLDR Betr, co-founded by Jake Paul and Joey Levy, has signed a multi-year deal with Polymarket to embed prediction markets into its gaming super app. Betr’s one million paying users will be able to trade event contracts on sports, politics, and culture alongside existing sportsbook and casino features. Prediction markets are regulated as financial instruments by the CFTC, not gaming regulators, giving Betr potential nationwide reach. Major platforms including Robinhood, Crypto.com, and Coinbase have also entered the event contracts space; Intercontinental Exchange invested $2 billion in Polymarket. Integrity concerns have surfaced, including reports of traders earning millions on Polymarket shortly…

TLDR Polymarket bettors now see only a 24% chance of a U.S.-Iran ceasefire by March 31 Over $12 million has been traded on Polymarket ceasefire contracts The Dow fell 0.6%, S&P 500 and Nasdaq each dropped around 0.3% on Thursday Oil prices surged, with WTI futures near $78 and Brent above $84 a barrel Concerns are growing that rising oil prices could force the Fed to reassess interest rates As the U.S.-Israel coalition and Iran enter a sixth day of conflict, financial markets are feeling the pressure. Stocks dropped, oil prices climbed again, and prediction market bettors are not expecting…