You know that cliché in movies when the camera zooms in on a character who says, “It’s coming,” before someone else dramatically replies, “It’s already here”? Prediction markets are a bit like that in ...

Prediction markets have moved from academic curiosities to regulated financial venues, but the regulatory environment that governs them is still evolving. Wealth management executives now face a new ...

Prediction markets companies are likely to see their revenues grow by a factor of five to more than $10 billion by 2030, according to analysts at Citizens Financial Group Inc. Companies like Kalshi ...

The group, Coalition for Prediction Markets (CPM), comes as the U.S. prediction market has boomed since the start of the year. A federal court's dismissal last year of a prohibition on election ...

FanDuel is preparing to launch its “FanDuel Predicts” prediction market as a standalone app, starting with a basic product in a limited number of states. The platform is a partnership with CME Group, ...

Despite all else Kirby Smart has accomplished, including winning two national championship, he is just 1-7 against Alabama in his career, and now his Georgia team faces off against its nemesis with ...

Wall Street seems convinced that prediction markets are here to stay, cementing the status of platforms like the crypto-based prediction market Polymarket as a dominant fintech player. Launched in ...

The retail brokerage is launching a new derivatives exchange in a bid to expand its prediction markets offerings. Robinhood's stock has more than tripled year-to-date, making it one of the top gainers ...

Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...

Prediction markets have grown rapidly, enabling wagers on a variety of subjects, including politics and sports. Their rise has not gone unopposed. Prediction markets have surged, especially post-2024 ...

Ripple's long court battle with the SEC is finally over and the negative impact is limited. Friendly government regulations could spur the adoption of blockchain technology, including Ripple's. Ripple ...

Google will be bringing prediction market odds from Polymarket and Kalshi directly in Google Search and on its revamped Google Finance platform, giving users access to crowd-based forecasts on key ...