Of course Meta thinks gambling is the future

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On The Vergecast: Polymarket for your Facebook, Apple’s big price hikes, Cannes Lions, and more.

by David Pierce

Jun 26, 2026, 2:16 PM UTC

David Pierce is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired.

Meta is, by and large, a company built on other companies’ ideas. It has almost perfected the strategy: wait for a new platform or social mechanic to take off, then either buy or clone it, put it next to Meta’s unmatched user base and advertising engine, and watch the money pile up. Well, the next big thing appears to be turning everything into gambling. So why wouldn’t Meta make a Polymarket?

On this episode of The Vergecast, David and Nilay discuss the reported prediction market app being built inside Meta, plus the company’s onslaught of othernewsthis...

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