Prediction market apps offer a different model than traditional sportsbooks, letting users trade on the outcomes of future events rather than placing fixed bets against the house. Elections, sports ...

Prediction-market platform Kalshi recently unveiled a swath of “market integrity” updates that all relate to one thing: stopping illegal trading by insiders. The updates include things like risk ...

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 ...

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 ...

Max Meizlish and I argued in these pages in February that prediction markets had become an intelligence asset, vulnerable to insider trading by those with classified knowledge of future events. Two ...

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, ...

A few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...

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 ...

(NEXSTAR) – As sports betting continues to grow in the U.S., one large aspect of the industry could take a hit under a new bipartisan bill. Introduced by Sens. Adam Schiff (D-Calif.) and John Curtis ...

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