Meta - Bettors Insider

Meta Held Talks to Acquire Kalshi Before Building Its Own Play-Money Prediction Market App Called Arena

by Wade Reeser
July 1, 2026

Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a possible acquisition before the talks fell apart, with Meta now building a play-money prediction market app internally called Arena, according to NPR.

Meta Is Building “Arena,” a Prediction Market App to Compete With Kalshi and Polymarket

by Adam Hutchinson
June 24, 2026June 24, 2026

Mark Zuckerberg has assembled a small internal team to build “Arena,” a standalone prediction market app that would compete directly with Kalshi and Polymarket. The project is early-stage and may not launch, but Meta’s 3-billion-user reach would represent an unprecedented…