Prediction market watchdogs may struggle to police betting on the U.S. midterm elections, with thousands of races offering ...

Prediction markets are moving into the mainstream, giving investors a new way to watch crowd expectations – and a risky way ...

Kalshi and Polymarket say they leverage the wisdom of the crowd. Instead, they’ve created a lucrative way for politicians and ...

Minnesota Gov. Tim Walz has signed the nation's first law banning prediction market sites from operating in the state, and in response, the Trump administration has sued, teeing up a legal battle over ...

Like at least other 14 states, Minnesota has wrestled with how to regulate the popular prediction market sites. Federal officials sued the state over its new law. By Pooja Salhotra A day after Gov.

Billions of dollars are changing hands each week on prediction markets, sites whose popularity is exploding and that allow users to essentially make trades between users.

Rep. Alexandria Ocasio-Cortez is one of the main names being thrown around for a possible Democratic nominee in the next presidential race. And in an interview this past weekend, she said her ambition ...

The House could follow the Senate’s lead and ban representatives and its staff from trading on prediction market platforms. Rep. Ashley Hinson (R-IA) introduced a resolution on Thursday that would ...

Gen Z and millennials are far more likely to get into prediction markets than their elders, but there's a good chance many aren't making money on the platforms. Nearly a third of Gen Zers (32%) and ...

Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency. Christopher Jensen, the director of digital asset ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat. By Victor Mather Prediction ...