About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

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?

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

The CFTC has withdrawn a 2024 proposal and signaled a new regulatory approach for prediction markets under federal law ...

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