Nick Devor

Kalshi dominated a record weekend for prediction markets as NFL trading surged, while DraftKings gained ground and sportsbooks found another way to profit.

After years of rapid development in artificial intelligence, one of the most prominent voices in AI says the industry needs to hit the brakes.

The National Football League season is back in full swing, with thirteen games on tap for the first NFL Sunday.

In many Kalshi trades, customers are going up against the proverbial house. One of those houses is FanDuel, the popular U.S. sportsbook.

This fall, there’s a new game in town. Prediction markets could drive $35 billion in wagers, on par with the traditional sports betting industry.

BofA researchers specifically called out the FIFA World Cup as a source of the betting boom.

The leading American prediction market has drawn a line in the sand.

The high court could soon determine the fate of sports betting in the U.S.

Allwyn shares fell on Thursday despite reporting a 27% year-over-year increase in second-quarter net revenue.

The Derek Jeter-founded Arena Club sees “a new era of collecting.” Some see another instance of gambling taking over an American tradition.

Sports-betting companies have seen their stocks slide over fears of competition from prediction markets.

Traders on the platform will be able to take leveraged long or short positions on stock indexes.

Jeff Bandman is returning to Kalshi after a two-year hiatus to run Kalshi Prime. The company is developing perpetual futures for gold, silver, and platinum.

DraftKings stock was down slightly in late trading after the company reported weaker-than-expected quarterly results.

Flutter, the world’s largest betting firm, were down sharply after an earnings miss.

Kalshi is expanding its fast-growing 15-minute prediction markets to gold and silver as it works toward eventually offering similar contracts tied to individual stocks.

Voters could face felony charges and be disqualified from voting if they bet on elections through prediction markets, Wisconsin’s elections commission said.

A House hearing on Tuesday focused on whether sports prediction market contracts should be treated as sports wagers and federally regulated.

The hit reality show has drawn more women traders to Kalshi’s platform.