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Meta's Reported Prediction-Market Bet: Why Arena Could Pull Event Trading Into the Feed
If the reports are accurate, Meta is not simply copying Polymarket and Kalshi. It is testing whether prediction can become a mass-market engagement habit, and that should matter to every operator, exchange and regulator still arguing over where trading ends and gambling begins. Meta has reportedly instructed a small internal team to build a standalone prediction-markets app, known internally as Arena. On the surface the product sounds cautious. It would be a mobile app, sepa
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