The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn, Allysia Finley and Dan Henninger. Photo: Stefano Costantino/SOPA Images/ZUMA Press/Jim West/Zuma Press/U.S. FDA via ...
Gambling has taken over the country. But it’s not just sports betting that’s emptying wallets. Now, the rise of prediction markets like Polymarket and Kalshi to bet on almost any conceivable outcome, ...
Faceless avatars chime in with a standard missive. “Gnoise,” they say—a riff on “gm” or “gmorning,” which is internet parlance for greeting a new day. Noise’s fandom seems to be thriving, at least for ...
Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...
Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question. By Ian ...
Sunday's Super Bowl is expected to see a record $1.76 billion wagered with sportsbooks. Emboldened by loosened restrictions from federal regulators, a newer form of betting — prediction markets — will ...
DraftKings is using prediction markets to enter areas where sports betting isn't legal. Flutter Entertainment is using prediction markets to expand its FanDuel platform. Robinhood Markets is offering ...
Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when ...
Prediction markets such as Kalshi and Polymarket have consumed the sports world throughout the past year, but the NFL wants no part in it for Super Bowl 2026. There will be no prediction market ...
Putting your money where your mouth is has never been easier, as it’s now possible to gamble on basically anything, including election outcomes. However, many experts worry that gamifying politics ...
In “Prediction Markets Will Make the Stock Market Obsolete. Yes or No?” (Cover Story, Dec. 18), we are cautioned that some platforms are introducing gambling, i.e., “prediction markets,” to their list ...
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