The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a ...

Minnesota Gov. Tim Walz has signed the nation's first law banning prediction market sites from operating in the state, and in response, the Trump administration has sued, teeing up a legal battle over ...

Interactive Brokers IBKR1.34%increase; up pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME-0.64%decrease; down pointing triangle and its own ...

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We have seen the future, and it is Polymarket and Kalshi processing insider bets on mayhem, chaos—and celebrity-wedding guest lists. Prediction markets—online casinos disguised as investment vehicles, ...

Ray Padilla is the lead digital producers for The Courier Journal.

Polymarket takes over a local bar for a pop-up experience in D.C. on March 20. (Alex Kent/For the Washington Post) Prediction markets are not a new idea. They existed five centuries ago, when people ...

Dubious data sets are being used to train artificial-intelligence models that are designed to predict people’s risk of stroke and diabetes, researchers report in a preprint 1 on medRxiv. Some of the ...

(NEXSTAR) – As sports betting continues to grow in the U.S., one large aspect of the industry could take a hit under a new bipartisan bill. Introduced by Sens. Adam Schiff (D-Calif.) and John Curtis ...

When Troy Dixon first suggested incorporating prediction markets into the electronic trading platform where he works, he was met with incredulity. “People told us we were crazy,” Dixon, Tradeweb’s ...