Mark Zuckerberg wants Meta to launch its own prediction market
In Brief
12:19 PM PDT · June 23, 2026
Mark Zuckerberg is betting that prediction markets are the future.
The New York Times reports that Zuck wants Meta to have its own Polymarket-like smartphone app, and has given the go-ahead to develop one, internally calling it “Arena.” The app would be independent of Meta’s other social media offerings, although sources told the paper that those social sites could direct users to engagement with the app.
Described as “experimental but a top priority,” sources said the current concept for Arena is that it weirdly wouldn’t involve money. Instead, it would essentially be a video game where users would earn points for betting correctly on particular topics. The sources added that money could be added later.
Over the past year, prediction markets have fueled big profits and controversy. As of April, trading volume on platforms such as Polymarket and Kalshi had reached...
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