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Prediction Markets Surge Amid Ethical Concerns and VPN Use

2/26/2026

30 3 Full Breakdown

Summary

Story summary

Prediction markets such as Polymarket and Kalshi generate more than US$13 billion each month.
Polymarket was blocked during the 2024 U.S. presidential election and has since relaunched with support from U.S. President Donald Trump.
Insider information and predictions placed before major events have raised ethical concerns.
VPNs enable markets to bypass national gambling laws, creating a regulatory grey area.

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Story summary

Prediction markets such as Polymarket and Kalshi generate more than US$13 billion each month.
Polymarket was blocked during the 2024 U.S. presidential election and has since relaunched with support from U.S. President Donald Trump.
Insider information and predictions placed before major events have raised ethical concerns.
VPNs enable markets to bypass national gambling laws, creating a regulatory grey area.