About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

‘China’s Nostradamus,’ who foresaw Trump’s win and Iran war, issued predictions about America’s future in 2024, and many are starting to believe him. Meet Jiang Xueqin, a Chinese-Canadian educator and ...

During the 2024 U.S. presidential election, the crypto prediction platform Polymarket priced several outcomes closer to the ...

I think about that money I lost every single day,” says Samuel Sharkey, a 23 year-old who lost about $10,000 on Kalshi.

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 are facing new congressional scrutiny after a large-scale wager on Venezuelan President Nicolás Maduro’s ouster by the Trump administration raised suspicions about insider trading ...

Prediction markets allow consumers to trade event contracts tied to real-world outcomes, from elections to economic data and ...