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 ...

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 ...

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 ...

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 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 ...

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 ...

New York City shoppers lined up in Greenwich Village on Thursday for the grand opening of The Polymarket, a free grocery store. The market — perhaps a nod to New York mayor Zohran Mamdani's proposed ...

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 ...

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 ...

It's never too early to look ahead. A panel of 11 ESPN NFL experts wasted no time submitting their early predictions for the 2026 NFL season earlier this week. That included their projected Super Bowl ...

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 ...