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, ...
DraftKings reported a jump in sales during the fourth quarter and shared ambitious investment plans for its prediction markets platform. The online sports betting operator on Thursday said revenue ...
As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry ...
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 ...
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 ...
NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry ...
The casino industry is on fire. Last year, Nevada gaming companies finished with an enormous 352 percent year-over-year revenue increase on sports bets. So why the sour grapes when it comes to ...
Can love beat the odds? Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart. By wagering money, bettors are setting the odds on the amorous ...
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 ...
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