Prediction markets such as Kalshi allow customers to bet on binary outcomes of future events. They have been able to bypass sports gambling bans in certain states by arguing that their regulatory ...

The explosive growth of Kalshi and Polymarket is putting pressure on a lot of traditional gambling markets. But is that growth really something you want to bet on?

Lawmakers continued to express mixed feelings about the burgeoning prediction markets industry. These platforms, such as ...

The head of the Commodity Futures Trading Commission said the agency has withdrawn a Biden-era proposal that called for prohibiting sports and politics-related wagers on prediction markets.

Find information about the 2024 elections from Fox News. Stay up-to-date with the upcoming 2024 presidential election news, ...

The startup’s platform will display bets from Kalshi and Polymarket.

Just like with social media and AI, Congress is only slowly catching up with something that's increasingly a feature of ...

CFTC Chair Mike Selig said on Wednesday that the agency would not move forward with the proposed rule, which had classified event contracts tied to sports, ...