● Live Wisconsin AG suit vs Kalshi & Polymarket pending · NY/IL insider-trading orders in effect · Updated May 2026
← News & Updates
Platform news

Yahoo Finance Ends Polymarket Data Partnership After Five Months

Yahoo Finance and Polymarket mutually ended their prediction market data partnership on September 18, approximately five months after the companies announced an exclusive arrangement in November 2025. The Polymarket data hub that Yahoo Finance launched in January-February 2026 was quietly taken down in April 2026. No reason was publicly disclosed. Yahoo Finance retains an advertising relationship with Polymarket. The partnership's end is a setback for Polymarket's strategy of embedding its probability data into mainstream financial media platforms.

Yahoo Finance and Polymarket formally ended their prediction market data partnership on September 18, 2026, approximately five months after the companies first announced an exclusive arrangement in November 2025. Under the original deal, Polymarket supplied real-time probability data for economic and market outcomes to Yahoo Finance, which integrated the data directly into its news coverage and analysis tools. A dedicated Polymarket hub went live on Yahoo Finance in January or February 2026. The hub was taken down in April 2026, roughly two months after launch, though the formal partnership agreement was not terminated until September 18. Neither company disclosed a specific reason for either the hub's removal or the formal termination. Polymarket retains an advertising relationship with Yahoo Finance — the platforms are not fully disengaged — but the data integration and exclusive partnership status are ended.

The Yahoo Finance partnership had been Polymarket's most prominent mainstream financial media distribution deal. When it was announced in November 2025, Polymarket described Yahoo Finance as its 'exclusive prediction market partner' — a characterization that implied Polymarket probability data would become a standard feature of Yahoo's financial information products. The five-month lifecycle from announcement to hub removal suggests the integration did not achieve the engagement levels either party anticipated. Prediction market probability data embedded in a financial media platform is a product that requires a user base willing to engage with probabilistic forecasts about economic and market outcomes rather than the traditional 'current price' or 'analyst target' framing that Yahoo Finance's core user base expects. Whether the product-market fit problem, a commercial disagreement, or external factors (the regulatory environment around prediction markets worsened significantly between November 2025 and April 2026) drove the hub's removal is not publicly known.

The partnership's failure is a data point for Polymarket's broader distribution strategy. Polymarket US — the CFTC-regulated entity — has consistently been smaller in volume and contract range than Kalshi. The Yahoo Finance partnership was one mechanism through which Polymarket was attempting to build mainstream financial media visibility for its probability data products in a way that might drive retail user acquisition. With the deal ended, and with Kalshi having taken the institutional high ground through Cantor Fitzgerald and Susquehanna's block trading desk, Polymarket US faces a competitive challenge on multiple fronts simultaneously: volume (Kalshi has 92% of combined weekly volume as of September 14), product breadth (Kalshi has more self-certified contracts and CFTC-approved perps), and distribution (the Yahoo Finance channel is gone). Polymarket International, with its new 20x perps product, is pursuing a different strategy than Polymarket US — but that product is not accessible to US users.

The advertising relationship that survives the data partnership end suggests the commercial relationship between Yahoo Finance and Polymarket is not fully terminated and could be renegotiated in different form. Prediction market probability data embedded in financial media will likely be a standard feature of major financial platforms eventually — the question is which platform's data becomes the default and whether the regulatory environment stabilises enough for mainstream media partners to commit to a long-term integration without worrying about the platform's legal status. Kalshi, which has so far not announced a comparable financial media data partnership, has focused its distribution strategy on institutional brokerage (Cantor Fitzgerald) and retail platform access (Robinhood, Coinbase). Whether Kalshi pursues a financial media data integration strategy similar to what Polymarket attempted with Yahoo Finance will be one of the more significant product development questions in the sector over the coming months.

Recent updates


Missouri AG Sends Cease-and-Desist Letters to Six Prediction Market Operators

Missouri Attorney General Catherine Hanaway issued cease-and-desist letters on September 18 to six prediction market operators — Kalshi, Polymarket, Robinhood, Crypto.com, Novig, and Underdog — alleging their sports event contracts constitute unlicensed sports wagering under Missouri law. The letters give platforms 30 days to comply or obtain licenses from the Missouri Gaming Commission. Missouri is the broadest multi-platform C&D action to date, targeting all major operators simultaneously. The action arrives one day after Montana and Kalshi filed a joint stipulation in which Montana agreed to pause enforcement while Ninth Circuit en banc review is pending.

Montana and Kalshi Reach Joint Stipulation — State Pauses Enforcement Pending Ninth Circuit En Banc

Kalshi dismissed its lawsuit against the Montana Department of Justice on September 17 after both sides filed a joint stipulation in which Montana agreed to pause all enforcement, investigations, and cease-and-desist proceedings against Kalshi's event contracts. The pause lasts until the Ninth Circuit either denies en banc review of the August 28 ruling or issues an en banc decision. Montana must give Kalshi 30 days written notice before resuming any enforcement action after that window closes. The agreement mirrors the Robinhood-Michigan stipulation from September 4 and reinforces a pattern of states reaching negotiated compliance pauses while the appellate process plays out.

Fed Hikes 25bp for First Time Since 2023 — Prediction Markets Priced It at 81% vs CME Futures at 64%

The Federal Reserve raised its benchmark rate 25 basis points to 3.75%-4% on September 16 — the first increase since 2023 — in a 12-0 unanimous vote. Fed Chair Kevin Warsh said inflation remains too high, driven in part by energy prices. The dot plot showed 16 of 18 officials expect at least one more hike before year-end. Prediction markets on Kalshi priced the September hike at 81% going into the decision; CME fed funds futures implied a 64% probability. The gap reinforces a recurring pattern in 2026: prediction markets have consistently assigned higher probabilities to rate hikes than CME futures, and have been correct.