Prediction markets are betting on celebrities to boost their brands
Kalshi has enlisted Lionel Messi and Timothée Chalamet as prediction markets compete to attract new users and cement their place in the mainstream.
Kalshi
Prediction markets have become a draw for young men. Here's why
Prediction markets have become a draw for young men in search of quick cash and thrills, experts say. "I had almost $4,600 at one point but squandered that," one man said.
House lawmakers launch insider trading probe into Kalshi and Polymarket
Rep. James Comer is requesting information from Kalshi and Polymarket on how the prediction markets guard against insider trading.
Polymarket to let users make prediction market bets on private companies
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Prediction markets in hot seat over rogue bettors and insider trading
Incidents in which people apparently used exclusive knowledge to score handsome profits raise the question: Are prediction markets safe places for news junkies to bet on events - or dens of insider trading?
Kalshi says candidates bet on their own races
Prediction market platform Kalshi announced that three politicians were suspended after reportedly betting on their own races. CBS News' Kelly O'Grady reports.
Kalshi suspends candidates for insider trading
Prediction market site Kalshi has fined and suspended three political candidates from its site for "political insider trading." CBS News senior business and tech correspondent Jo Ling Kent has more details.
White House staff received email warning not to place bets on prediction markets
White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News.
Online sports betting linked to rising delinquency rates, report finds
A study from the New York Fed found that delinquency rates increased faster in states where online sports betting is legal.
Oil trades surged before Trump's Iran post. Some experts are suspicious.
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.
Unusual oil trading ahead of Trump announcement
Market watchers are concerned about potential insider trading due to an unusual surge in oil futures trading on Monday morning, just minutes before President Trump announced he would postpone power plant strikes in Iran. CBS News business analyst Jill Schlesinger joins with more.
Polymarket buckles down on insider trading after suspiciously timed bets
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Atlantic writer on becoming a "degenerate gambler"
How much money could you make if you were given $10,000 to gamble on sports? That's what The Atlantic's McKay Coppins sought to answer in his latest piece: "My Year as a Degenerate Gambler." Coppins joins "The Takeout" to recount the experience.
Arizona alleges Kalshi engaged in illegal gambling, election wagering
The complaint includes 20 separate counts against Kalshi, claiming the company accepted bets from Arizona residents in violation of state law.
Wagers draw scrutiny after Iran strikes: "Insider trading," senator says
Lawmakers are raising concerns that prediction market users are engaging in insider trading to wager on U.S. military actions.
Kalshi fines and suspends MrBeast employee for insider trading
The prediction market said it suspended Artem Kaptur, an employee of the popular YouTuber MrBeast, for insider trading.
Dispute over Cardi B's Super Bowl cameo roils prediction markets
Cardi B appeared during Bad Bunny's halftime show at the Super Bowl, but one prediction market says it's unclear whether she sang.
Bettors wagered millions on expected snowfall across the U.S.
This weekend's snowstorm could prove to be lucrative for some online bettors.
"Heaven forbid": Mike Johnson says he intends to stay on as GOP leader
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Some Israeli settlers use sheep to push Palestinians from West Bank homes
Trump administration ordered to cancel taxpayer-funded TV ads
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Drone swarms are a problem Secret Service says they have not solved yet
Steve Bannon on the GOP and the midterms: "We can't afford to lose"
