About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

(Bloomberg) -- The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing the previous peak reached during the US presidential ...

Now, prediction markets are rejiggering the odds by requiring forecasters to back their convictions with cash. Participants ...

Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...

Vice president's odds have dropped below 20 percent with a leading prediction market, mirroring a traditional bookmaker's ...

Prediction markets allow consumers to trade event contracts tied to real-world outcomes, from elections to economic data and ...

Republican Virginia Lt. Gov. Winsome Earle-Sears hit back at Democratic Party strategist James Carville after he declared she will lose her upcoming gubernatorial race in the state. The state leader ...

In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the Commodity Futures Trading Commission, prediction-market company Kalshi was able ...