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 ...
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 ...
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, ...
Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...
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 ...
In “Prediction Markets Will Make the Stock Market Obsolete. Yes or No?” (Cover Story, Dec. 18), we are cautioned that some platforms are introducing gambling, i.e., “prediction markets,” to their list ...
Researchers have created a prediction method that comes startlingly close to real-world results. It works by aiming for strong alignment with actual values rather than simply reducing mistakes. Tests ...
To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Prediction markets trading volume is projected to grow to $1 trillion by the end of the decade ...
Dec 22 (Reuters) - Coinbase (COIN.O), opens new tab said on Monday it will buy prediction markets startup The Clearing Company, its tenth acquisition this year, as the crypto exchange looks to expand ...
Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...