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 ...

Trump regulators are proposing an expansive new set of rules on how they will govern the booming prediction markets, with parameters that will continue to allow most sports-related bets while trying ...

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 ...

If you or someone you know may have a gambling problem, call the National Problem Gambling Helpline at 1-800-MY-RESET. To find a live Gamblers Anonymous meeting happening now, click here. When Andrew ...

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 ...

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 ...

Pair of red dice with white dots. Photo by Jonathan Petersson on Unsplash. The growth of prediction markets begs the question, is it wrong to benefit from someone else’s misfortune? Ethics Center ...

The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

The indictment of a soldier who bet on the U.S. operation to capture President Nicolás Maduro of Venezuela put renewed focus on a new way to gamble, and a new way to cheat. By Victor Mather Prediction ...

A dangerous, unregulated form of gambling that allows for degenerate betting on real events, unfettered by the economic and legal rules that keep stock markets and sports betting in check, creating an ...