Kalshi CEO Tarek Mansour has argued that event contracts fall within financial market frameworks rather than traditional gaming categories. In contrast, other industry executives have described sports ...

A new coalition is taking aim at the rise of prediction markets by pushing for enforcement of state and tribal gaming laws, arguing that the platforms facilitate illegal sports betting. Gambling Is ...

Sarah Mills has received funding from The British Academy, ESRC, AHRC, Royal Geographical Society and DCMS. Yes or no? It’s a simple question that now drives more than US$13 billion (£9.7 billion) a ...

Growth in prediction markets is surging as traders seek more precise ways to price and hedge discrete events, from elections to rate decisions, without relying on blunt proxy trades. Prediction ...

The political fight in the US over the future of prediction markets like Polymarket and Kalshi has escalated into a full-blown war, and battle lines aren't being neatly drawn along party lines.

ChatGPT forecasts XRP at $2.50 to $3.50 by late 2026, implying up to 155% upside from current levels near $1.45. Ripple’s $2.4 billion acquisition spree in 2025 includes Hidden Road, GTreasury, and ...

Individual investors who embraced high-risk, high-reward stock bets in recent years are now flocking to prediction markets. For the cohort that piled into options—which give the right to buy or sell a ...

Last summer one “ricosuave666” won more than $150,000 on Polymarket, a betting platform. Their true identity was not clear, but the source of the winnings was: ricosuave666 had bet, with suspicious ...

NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry ...

A message Tuesday from CFTC Chair Mike Selig prompted both fans and critics of prediction to sound off on the agency's defending the burgeoning business. The debate around which regulators have ...

The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video ...