Meta is reportedly developing a prediction markets app called Arena, similar to Polymarket and Kalshi, but initially using points instead of real money, as an internal top priority.
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<img alt="Graphic collage of Mark Zuckerberg." data-caption="Mark Zuckerberg. | Image: Cath Virginia / The Verge; Getty Images" data-portal-copyright="Image: Cath Virginia / The Verge; Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/25546251/STK169_Mark_Zuckerburg_CVIRGINIA_C.jpg?quality=90&strip=all&crop=0,0,100,100" />
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Mark Zuckerberg. | Image: Cath Virginia / The Verge; Getty Images </figcaption>
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<p class="wp-block-paragraph">Meta CEO Mark Zuckerberg has tasked a small team at the company with making an app that works like the prediction markets Polymarket and Kalshi, <a href="https://www.nytimes.com/2026/06/23/technology/meta-prediction-markets-app.html">according to <em>The New York Times</em></a>. The app, internally called "Arena" won't let users wager real money, but instead will "probably rely" on allowing users to bet with points, the <em>NYT</em> says - though Meta apparently hasn't ruled out eventually allowing people to bet with real money.</p>
<p class="wp-block-paragraph">Should Meta's app launch publicly, it would be just the latest example of Meta taking a popular idea from another company and building its own version, like it did when it cloned Snapchat's Stories format and TikTok's vertic …</p>
<p><a href="https://www.theverge.com/tech/955121/meta-prediction-market-app-arena-polymarket-kalshi-clone">Read the full story at The Verge.</a></p>
# Zuckerberg reportedly wants a Polymarket clone — but without real money
Source: [https://www.theverge.com/tech/955121/meta-prediction-market-app-arena-polymarket-kalshi-clone](https://www.theverge.com/tech/955121/meta-prediction-market-app-arena-polymarket-kalshi-clone)
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Meta is apparently working on its own prediction markets app\.
Meta is apparently working on its own prediction markets app\.
by
Jun 23, 2026, 6:31 PM UTC
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Jay Peters
is a senior reporter covering technology, gaming, and more\. He joined The Verge in 2019 after nearly two years at Techmeme\.
Meta CEO Mark Zuckerberg has tasked a small team at the company with making an app that works like the prediction markets Polymarket and Kalshi,[according to*The New York Times*](https://www.nytimes.com/2026/06/23/technology/meta-prediction-markets-app.html)\. The app, internally called “Arena” won’t let users wager real money, but instead will “probably rely” on allowing users to bet with points, the*NYT*says — though Meta apparently hasn’t ruled out eventually allowing people to bet with real money\.
Should Meta’s app launch publicly, it would be just the latest example of Meta taking a popular idea from another company and building its own version, like it did when it cloned Snapchat’s Stories format and TikTok’s vertical video feed\. However, prediction markets have also been rife with controversy, including users being arrested for placing[suspicious](https://www.theverge.com/tech/938635/google-polymarket-insider-trading-prediction-market-bets)[bets](https://www.theverge.com/policy/917910/polymarket-maduro-bets-arrest-van-dyke)\.*The Wall Street Journal*also[recently reported](https://www.wsj.com/business/media/polymarket-social-media-bets-prediction-market-441cdeb5)that Polymarket[paid people to post fake videos of themselves placing bets](https://www.theverge.com/tech/953285/polymarket-fake-viral-video-bets)\.
Arena is set to be independent from Meta’s other apps, though the company plans to point users to it from its other platforms\. According to the*NYT*, Meta insiders characterized the app as a “top priority\.” Meta and Polymarket didn’t immediately reply to a request for comment\. Kalshi spokesperson Laura Frank declined to comment\.
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Meta CEO Mark Zuckerberg outlined the company's broader enterprise AI strategy beyond agents, including APIs, compute sales, and internal tools for external customers, aiming to diversify revenue from advertising.
Spain has blocked access to prediction markets Polymarket and Kalshi for operating without a gambling license, highlighting ongoing regulatory scrutiny of crypto-based prediction platforms.
Mark Zuckerberg announced Meta's plans to push into personal AI agents during the Q2 2026 earnings call, aiming to create consumer-friendly agents that work out of the box, while also highlighting business agents on WhatsApp and Instagram.
Polymarket is accused of using paid social media creators to spread deceptive promotional videos, raising concerns about misleading marketing in the prediction market space.
Polymarket allegedly paid influencers to create fake videos of themselves placing bets, according to a Wall Street Journal investigation. The company reportedly produced over 1,000 deceptive clips, which creators have since removed.