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 ...
As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry ...
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, ...
That was the estimated weekly trading volume on prediction-market platforms Polymarket and Kalshi last week, according to a team of analysts at Piper Sandler. It’s a new record. Prediction markets got ...
Nevada Representative Dina Titus has introduced new federal bill in a bid to strengthen oversight of sports-related prediction markets. The proposal reflects growing concern that certain platforms may ...
Oscars Best Animated Short Film Commentary (Updated March 9, 2026): It’s a tale as old as time: Oscar pools are won or lost in the shorts categories. And this year’s animated short race may be the ...
Utah Gov. Spencer Cox (R) ripped a top Trump administration regulator Tuesday over its push to defeat state efforts to regulate prediction markets. In a Tuesday post on social media, Cox criticized ...
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 ...
New York City shoppers lined up in Greenwich Village on Thursday for the grand opening of The Polymarket, a free grocery store. The market — perhaps a nod to New York mayor Zohran Mamdani's proposed ...
Can love beat the odds? Prediction markets are taking bets this Valentine's Day that celebrity relationships can thrive — or break apart. By wagering money, bettors are setting the odds on the amorous ...
Palantir's latest quarterly results make it clear that the company is one of the best ways to play the AI software boom. Its improving revenue pipeline sets it up for terrific long-term growth. It is ...
NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry ...