Prediction markets are financial exchanges that allow people to trade on the outcomes of future events, from election results to baseball games to the subject of an Elon Musk tweet. Part forecasting ...

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Mark Zuckerberg’s Meta is quietly developing a prediction markets app that could challenge industry leaders Polymarket and Kalshi, according to a report. Zuckerberg recently tasked a small team inside ...

Meta CEO Mark Zuckerberg has directed staff to build a prediction markets platform, a source confirmed to CNBC. The New York Times was first to report the app's development. Stocks of sports gambling ...

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 ...

The experimental app, internally called “Arena,” would be independent of Facebook and Instagram. It could compete for attention with Polymarket and Kalshi, the biggest prediction markets. By Mike ...

Australia and Egypt square off in the World Cup's round of 32 on Friday at AT&T Stadium in Arlington, Texas a matchup that both teams will fancy themselves to win. Egypt finished runner-up in its ...

Senegal and Iraq are battling for third place in Group I after each dropping their first two games. A draw in Toronto would certainly mean elimination for both teams but a victory and three points has ...

Mark Zuckerberg is betting that prediction markets are the future. The New York Times reports that Zuck wants Meta to have its own Polymarket-like smartphone app and has given the go-ahead to develop ...

NCAA president Charlie Baker says they're willing to work with the Commodity Futures Trading Commission to develop a system that protects student-athletes and consumers from harm. Kevin Dietsch / ...

Long before the founders of Kalshi and Polymarket were even born, a handful of economists were getting amped about a novel approach to dealing with one of humanity’s more egregious shortcomings: We’re ...