NFL urges Supreme Court to decide who should regulate prediction markets
In a legal brief, the NFL expressed support for prior court rulings favoring state authority to oversee prediction markets.
Prediction Markets
NFL asks SCOTUS to weigh prediction markets case
The National Football League is now urging the Supreme Court to decide whether states should have the power to regulate prediction markets. Front Office Sports deals reporter Ben Horney joins CBS News to discuss.
Can GLP-1 drugs help people stop throwing away their money?
Researchers will explore whether weight-loss drugs can deter risky or impulsive financial decisions. "It might be very good financially for the average person," one neuroscientist said.
Democrats' Senate momentum growing on Kalshi
There's talk of an "expanding map" for Democrats, with states like Texas and even Kansas potentially in play for the November midterms. That's reflected in polling and on prediction markets like Kalshi, a CBS News sponsor. Kalshi head of research Nicole Kagan and CBS News executive director of elections and surveys Anthony Salvanto join to unpack the numbers.
Small businesses roll the dice on Kalshi to manage their risks
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Kalshi official reacts to oversight ruling
Robert DeNault, head of enforcement at Kalshi, joins CBS News to discuss last week's appeals court ruling that rejected the company's efforts to stop Nevada from regulating speculation on sporting events on its platform.
Court hands states a win in fight over who regulates prediction markets
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
Inflation cools slightly; NYC probes Kalshi
U.S. inflation cooled slightly in new data from July. Also, the New York City Council launched a sweeping investigation into the marketing practices of prediction market companies such as Kalshi and Polymarket. Axios markets correspondent Matt Phillips shares his thoughts.
New York sues Kalshi betting site
New York State is suing Kalshi, the online betting portal, for allegedly operating an illegal gambling business. Kalshi says that it is a federally regulated exchange and is not subject to state laws. CBS News legal reporter Katrina Kaufman has more.
Kalshi debuts a midterm election hub to predict race outcomes
The site claims its hub will provide accurate insights into election outcomes based on traders' bets.
Teleprompter operator made over $100K betting on Trump speeches
After detecting suspicious activity on the teleprompter operator's account, Kalshi investigated and then referred the case to federal regulators.
Spotify removes streams of No. 1 song after suspicious Kalshi bets
Spotify said the streams tied to Malcolm Todd's "Earrings" were not from genuine listeners after suspicious betting activity emerged on Kalshi.
Prediction market bets on war defy odds
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading.
Polymarket launches probe after report alleges deceptive marketing
A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.
Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
Zuckerberg could be betting on new app
Mike Isaac, a tech reporter for The New York Times, joins CBS News 24/7 to discuss a story he helped break about Meta CEO Mark Zuckerberg directing the company to develop a prediction market app.
Prediction market traders face long odds
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
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.
Google worker arrested over Polymarket bets
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
World Cup expected to generate more in sports bets than the Super Bowl
Americans are expected to wager more than $3 billion amid the expansion of legalized sports betting in the U.S.
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.
5/17/2026: Betting on War; The Knowledge; Christopher Nolan
First, prediction market bets on war defy odds. Then, London's cabbies skeptical about robotaxis. And, Christopher Nolan: The 60 Minutes Interview.
Analytics firm connects bets made on war with signs of insider trading
More than $1 billion has been bet online on military decisions and outcomes this year on Polymarket. Some wagers have been suspiciously timed, with information seemingly coming from insiders.
Suspicious trades make millions with bets tied to U.S. military operations
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading.
Prediction market bets on war defy odds
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading.
Interactive
These documents tell the story of the Cornell rape allegations
Pentagon's plan to livestream execution sparks intense backlash
Hurricane Isaias now a Category 3 storm as it threatens northern Gulf Coast
Live
Iran's Houthi allies step up deadly attacks on Saudi Arabia
Trump creates committee to investigate Fed's Lisa Cook
ICE agent shoots man in New York City's Marble Hill, authorities say
Mike Ditka, former Chicago Bears head coach, dies at 86
Nobel Peace Prize awarded to former ICC judge Navanethem "Navi" Pillay
Exclusive