Arizona’s attorney general has filed the first-ever criminal charges in the US against a major prediction market company, accusing Kalshi of running an illegal gambling operation in violation of state ...

Prediction market platforms like Kalshi and Polymarket rake in millions from sports and current events wagers but pay nothing in state betting taxes.

As the legal war over how to regulate prediction markets rages on, financial institutions are embracing the industry anyway.

Now some crypto traders are pushing the timeline even further, placing wagers that resolve in just minutes, Bloomberg News ...

Valory co-founder David Minarsch says autonomous agents running on the Olas protocol are giving retail traders a 24/7, strategy-driven edge on platforms like Polymarket.

This research initiative highlights the importance of ethical and explainable artificial intelligence in workforce ...

March 2 (Reuters) - Nasdaq (NDAQ.O), opens new tab has sought approval from the U.S. Securities and Exchange Commission to roll out prediction markets options on a major stock index, according to a ...

DraftKings is able to operate in 38 states now as its Predictions feature expands reach and offers upside not included in guidance. The company already has sportsbook data and in-house market-making.

The real money might not be in the prediction platforms themselves, but in the companies selling the data, infrastructure, and trading rails that institutional investors rely on. Prediction market ...

Rolling coverage of the latest economic and financial news ...

The rise of prediction markets in the United States has been staggering. In December alone, users traded nearly $12 billion on Kalshi and Polymarket, the two biggest platforms in the business. That’s ...