Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question. By Ian ...
Sunday's Super Bowl is expected to see a record $1.76 billion wagered with sportsbooks. Emboldened by loosened restrictions from federal regulators, a newer form of betting — prediction markets — will ...
DraftKings is using prediction markets to enter areas where sports betting isn't legal. Flutter Entertainment is using prediction markets to expand its FanDuel platform. Robinhood Markets is offering ...
Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when ...
Prediction markets such as Kalshi and Polymarket have consumed the sports world throughout the past year, but the NFL wants no part in it for Super Bowl 2026. There will be no prediction market ...
Wall Street’s main derivatives regulator will write new rules for the multi-billion dollar prediction markets industry, the head of the Commodity Futures Trading Commission said Thursday. “It is time ...
Earth is closer than ever to global catastrophe as major world powers grow increasingly confrontational and cooperative efforts to reduce existential risks break down, a group of scientists warned ...
The “single greatest predictor” of future stock-market returns has never been more bearish. This indicator is based on the average U.S. household’s allocation to equities. It was introduced in 2013, ...
After hitting a multi-year high of $3.65 last year, XRP could be ready to break through the $4 price level this year. Ripple's $2.5 billion in blockchain-related acquisitions could create entirely new ...
Oz the Mentalist has done some jaw-dropping things over the years in terms of predictions and perceived mind reading (which has led to some bets made on exact scores). And back in November, he visited ...
Event contracts are viewed as information, but also assets, making it all the more difficult to figure out which rules do and don't apply to them. Prediction markets are regulated by the Commodity ...
An outcry over insider trading erupted after one Polymarket user made $400,000 betting that Maduro would be ousted, hours before it happened. Here’s why the godfather of prediction markets thinks it's ...
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