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 ...

Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...

Meanwhile, Interactive Brokers has actively avoided offering sports-related prediction markets. Peterffy acknowledged that most of the prediction-market volume at its competitors comes from sports, ...

The head of the Commodity Futures Trading Commission said the agency has withdrawn a Biden-era proposal that called for prohibiting sports and politics-related wagers on prediction markets. “The 2024 ...

The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts ...

Professor Jiang Xueqin made three big predictions back in 2024. The first was that Donald Trump would win the election and become President of the United States again. The second was that Donald Trump ...

'Professor Jiang' has been dubbed 'China's Nostradamus' after forecasting Trump's election win and the war with Iran. But some of his ideas veer into conspiracy theory Beijing-based high-school ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...