PRED’s private mainnet is finally live, being said prediction market’s kept dominating with legal concerns around prediction markets getting hot this week around.
Let’s take a look ⬇️
The week's biggest industry headline dropped on March 4, when Jake Paul's gaming super app Betr announced a multi-year partnership with the world's largest prediction market, Polymarket. Betr confirmed it would launch prediction markets powered by Polymarket directly within its super app, making event contracts across sports, politics, culture, and more available to its one million paying users nationwide.
The timing was no coincidence. On February 28, Polymarket had set a new all-time high for daily trading volume — $425 million traded in a single day, surpassing even Election Day 2024. The platform's total trading volume for February 2026 exceeded $7 billion, a figure 7.5 times greater than the same month the year prior.
The Kalshi vs. states legal saga continued to escalate across multiple jurisdictions this week.
The CFTC made its move in the Ninth Circuit. On March 3, the CFTC requested participation as amicus curiae in oral arguments at the U.S. Court of Appeals for the Ninth Circuit — and was granted that participation — reinforcing the federal agency's claim to exclusive jurisdiction over sports event contracts.
39 states united against the platforms. A bipartisan group of attorneys general from 39 states and Washington D.C. urged a federal court to uphold state authority over sports gambling — a striking show of cross-partisan unity against the prediction market platforms
