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 ...

Meta is planning to launch its own prediction market app to compete with companies like Kalshi and Polymarket in a booming sector that some analysts project could become a $1 trillion industry in the ...

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 ...

For just the second time, the United States, along with Canada and Mexico, will play host to the World Cup. The U.S. last hosted the event in 1994, and 77% of all World Cup host nations have reached ...

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 ...

President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...

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 ...

Rep. Alexandria Ocasio-Cortez is one of the main names being thrown around for a possible Democratic nominee in the next presidential race. And in an interview this past weekend, she said her ambition ...