The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

President Trump on Tuesday said it was “critically important” for the Commodity Futures Trading Commission (CFTC) to maintain exclusive authority over prediction markets, following several lawsuits ...

President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...

Minnesota Gov. Tim Walz has signed the nation's first law banning prediction market sites from operating in the state, and in response, the Trump administration has sued, teeing up a legal battle over ...

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 ...

Pair of red dice with white dots. Photo by Jonathan Petersson on Unsplash. The growth of prediction markets begs the question, is it wrong to benefit from someone else’s misfortune? Ethics Center ...

The prediction markets seem to have a strong opinion about who — or at least which party — will win the 2028 presidential election. As of this week, prediction market Kalshi gives the Democratic party ...

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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Weapons of war in ancient times often included slingshots fired from great distances, and sometimes, the most lethal part was personalized. Ancient Greeks often decorated or inscribed the lead ...