Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a ...

If you or someone you know may have a gambling problem, call the National Problem Gambling Helpline at 1-800-MY-RESET. To find a live Gamblers Anonymous meeting happening now, click here. When Andrew ...

Prediction markets allow people to trade on the outcome of real-world events, from basketball games to elections. And trading volume on Kalshi and Polymarket – the two leading prediction markets – has ...

Sixteen states are involved in legal proceedings with prediction market platforms, while one state has moved to ban them. The Commodity Futures Trading Commission has sued six states to defend what it ...

Like at least other 14 states, Minnesota has wrestled with how to regulate the popular prediction market sites. Federal officials sued the state over its new law. By Pooja Salhotra A day after Gov.

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...

Interactive Brokers IBKR2.23%increase; up pointing triangle is launching a platform where users can place yes-or-no bets through Kalshi, CME Group CME 2.80%increase; up pointing triangle and its own ...

Rep. Alexandria Ocasio-Cortez is one of the main names being thrown around for a possible Democratic nominee in the next presidential race. And in an interview this past weekend, she said her ambition ...

Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency. Christopher Jensen, the director of digital asset ...

The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

Polymarket takes over a local bar for a pop-up experience in D.C. on March 20. (Alex Kent/For the Washington Post) Prediction markets are not a new idea. They existed five centuries ago, when people ...