Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...

Major financial firms are racing to enter the prediction market space after the sector generated billions in trading volume over the past year. Charles Schwab, which oversees $11.77 trillion in client ...

Arrests for betting on the U.S. military operation that removed Venezuelan leader Nicolás Maduro. Death threats from gamblers to a journalist reporting on an Iranian missile attack on Israel. Fears of ...

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures ...

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 ...

A proposal for the Commodity Futures Trading Commission on regulating prediction markets such as Kalshi and Polymarket is under review by the White House, a filing shows. Tuesday's filing came on the ...

NEW YORK/BENGALURU, May 27 (Reuters) - Prediction market platforms including Kalshi are making a big push to attract top institutional investors and hedge funds, a move that could ripple through ...

The Oklahoma City Thunder evened their 2026 NBA playoff series with the San Antonio Spurs with a Game 2 victory at home. Now Victor Wembanyama and the Spurs return to the Lone Star State with the ...

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 ...

A group that says its mission is to serve as a prediction market “watchdog” is launching a six-figure ad buy focused on digital and billboards this week in the Washington, D.C., media market, timed to ...