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 ...
Nevada sues Kalshi over sports betting contracts CFTC files brief claiming exclusive jurisdiction over prediction markets Massachusetts injunction against Kalshi put on hold Feb 17 (Reuters) - Nevada ...
Utah Gov. Spencer Cox (R) ripped a top Trump administration regulator Tuesday over its push to defeat state efforts to regulate prediction markets. In a Tuesday post on social media, Cox criticized ...
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 ...
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, ...
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 ...
The NASCAR Cup Series has been unpredictable for several years, and a few of FOX Sports' motorsports experts expect the 2026 season to be just as wild. In the most recent edition of "Kevin Harvick's ...
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 ...