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 ...

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 ...

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 ...

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 ...

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, ...

Editor's note: Este artículo está traducido al español. Nevada’s political and gaming establishment is moving to choke off a Trump‑era rival to sports betting that just had a breakout Super Bowl. This ...

MLB could be the next league to join up with prediction market companies. (Patrick McDermott / Getty Images) PALM BEACH, Fla. — Major League Baseball commissioner Rob Manfred has repeatedly cited the ...

Oscars Best Animated Short Film Commentary (Updated Feb. 12, 2026): It’s a tale as old as time: you will win or lose your Oscar pools based on the shorts. And this year’s animated short race is a huge ...

Prediction markets like Kalshi and Polymarket are well aware that they have an insider-trading problem. It’s inherent to their business model: When you make a website where anyone can bet on anything, ...

NHL players are back at the Olympics for the first time in 12 years, and Team Sweden is eyeing another medal. They earned silver back in 2014, and open up the 2026 Milano Cortina Olympics against the ...

Prediction markets saw record numbers during the Super Bowl and are looking ahead to other major sports events this year that are expected to drive surging volumes — and profits. Such markets allows ...