Hegseth bans use of nonpublic info for bets on U.S. military ops
Defense Secretary Pete Hegseth said the ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi.
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Defense Secretary Pete Hegseth said the ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi.
In a legal brief, the NFL expressed support for prior court rulings favoring state authority to oversee prediction markets.
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
A growing number of U.S. states are seeking to crack down on prediction markets, but face pushback from federal regulators.
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
So-called prediction markets allow people to bet on everything from presidential races to wars. Lauren Toms reports on the concerns about the potential impact on real-life events.
Trading in crude oil futures spiked only minutes before President Trump postponed an ultimatum on Iran, causing oil prices to drop and stocks to surge.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.