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 ...
Gambling has taken over the country. But it’s not just sports betting that’s emptying wallets. Now, the rise of prediction markets like Polymarket and Kalshi to bet on almost any conceivable outcome, ...
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 ...
Prediction markets reported a boom in action on Super Bowl Sunday, as bettors took advantage of the federally regulated platforms' widespread availability in the U.S. The football might have been a ...
Nevada Representative Dina Titus has introduced new federal bill in a bid to strengthen oversight of sports-related prediction markets. The proposal reflects growing concern that certain platforms may ...
That was the estimated weekly trading volume on prediction-market platforms Polymarket and Kalshi last week, according to a team of analysts at Piper Sandler. It’s a new record. Prediction markets got ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn, Allysia Finley and Dan Henninger. Photo: Stefano Costantino/SOPA Images/ZUMA Press/Jim West/Zuma Press/U.S. FDA via ...
If you’re still weighing your Super Bowl predictions for tonight's Seahawks vs. Patriots showdown, it’s worth looking beyond traditional sportsbooks. Prediction markets like Kalshi offer a different ...
Alphabet saw its revenue growth accelerate in Q4. The company also announced plans to aggressively invest in artificial intelligence (AI) in 2026. The stock still looks attractively valued at current ...
Platforms that let you bet on the outcomes of future events have seen explosive growth recently. Economics correspondent Paul Solman explains how these prediction markets work and why they’re so ...
Forbes contributors publish independent expert analyses and insights. I cover tech and innovation. After attracting $3.7 billion in new capital and minting young billionaires at Polymarket and Kalshi, ...
Palantir's latest quarterly results make it clear that the company is one of the best ways to play the AI software boom. Its improving revenue pipeline sets it up for terrific long-term growth. It is ...
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