--- title: Meta’s new prediction market app Arena could bring... description: Mark Zuckerberg has directed a small Meta team to build a prediction market app called Arena, which would initially use a points-based system rather than real... canonical: https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Meta’s new prediction market app Arena could bring betting to 3 billion users | daily.dev og:description: Mark Zuckerberg has directed a small Meta team to build a prediction market app called Arena, which would initially use a points-based system rather than real... og:url: https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc og:image: https://api.daily.dev/og/posts/IrRLuhNDc.png og:image:alt: Meta’s new prediction market app Arena could bring betting to 3 billion users og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Meta’s new prediction market app Arena could bring betting to 3 billion users **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Mark Zuckerberg has directed a small Meta team to build a prediction market app called Arena, which would initially use a points-based system rather than real money to sidestep CFTC oversight. The news sent shares of DraftKings, Flutter Entertainment, and Robinhood lower, reflecting the competitive threat Meta's 3 billion monthly active users pose to existing platforms like Polymarket and Kalshi. Arena would operate independently from Facebook and Instagram. Meta has not ruled out real-money betting in the future, which would require regulatory approval. The announcement comes as the CFTC is actively rewriting prediction market rules, and existing platforms are already grappling with insider trading scandals and monetization challenges. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Meta says AI is making it easier to build new apps — and more are coming](https://daily.dev/posts/meta-says-ai-is-making-it-easier-to-build-new-apps-and-more-are-coming-gmtrvfwxg) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#fintech](https://daily.dev/tags/fintech), [#regulation](https://daily.dev/tags/regulation) [View this post on daily.dev](https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Meta’s new prediction market app Arena could bring betting to 3 billion users","url":"https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc"},"datePublished":"2026-06-23T19:04:50.649Z","dateModified":"2026-06-23T19:05:08.779Z","description":"Mark Zuckerberg has directed a small Meta team to build a prediction market app called Arena, which would initially use a points-based system rather than real...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d6115302503a0c1d780e2af33df28e66?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d6115302503a0c1d780e2af33df28e66?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/meta-s-new-prediction-market-app-arena-could-bring-betting-to-3-billion-users-irrluhndc","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"fintech,regulation","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Meta’s new prediction market app Arena could bring betting to 3 billion users"}]} ```