Nick Devor

The system is limited to trade monitoring for now, but could eventually become more proactive.

Liga MX is dominant in North American soccer, both by talent and TV ratings.

The 2022 World Cup final was watched by nearly 1.5 billion fans, about a fifth of the world’s population

The new prediction market rules would permit federally-regulated event contracts tied to the outcome of sporting events and individual player performance.

DraftKings said annualized consumer trading volume on its prediction-markets platform reached $1.3 billion, offering an early sign that its expansion beyond traditional sports betting may be gaining traction.

Gamblers are expected to wager $50 billion on the coming World Cup, but signs of betting fatigue are emerging across the U.S.

Regulators approved perpetual futures, but they are only tradable on Kalshi, the prediction market platform. Shares of traditional exchanges are down since the decision.

Kalshi is expanding deeper into collectibles markets with new event contracts tied to art auction prices.

Rep. James Comer (R., Ky.) is seeking information from the CEOs of Kalshi and Polymarket about their efforts to prevent insider trading.

Senators says prediction markets are really just sports betting sites.

Nevada’s gambling regulator has taken a strong stance against prediction markets.

The prediction market outsources its disputed resolutions to an anonymous vote of crypto token holders. Some of those voters have financial incentives that could affect their votes.

Prediction-market Kalshi named Sudhir Jain, a well-connected former regulator, as its chief compliance officer.

DraftKings shares fall after the company reports first-quarter earnings.

New internal guidelines stop short of a ban, potentially allowing employees to trade on prediction markets involving the company itself.

Gambling firm Flutter reported better-than-expected results late Wednesday, though the company lowered its outlook for the full year amid rising costs.

The CFTC has enforced so-called know-your-customer rules under previous administrations.

Polymarket traders are betting big money on long-shot presidential candidates like Musk and Zohran Mamdani. Both are constitutionally prohibited from the presidency.

Prediction market Kalshi is expanding its commodity offerings, including natural gas and wheat.

Kalshi and Polymarket say their sports bets are allowed under federal law. States argue otherwise. The designer of the law is weighing in.