Not long ago, Nikshep Saravanan was deep in the crypto trenches — trading memecoins, reaching out to venture capitalists, and trying to launch a startup for digital creators. By January, he’d dropped ...

It began innocuously enough. A stock analyst pulled data on betting results to argue that users of booming prediction markets ...

The Super Bowl is supposed to be the highlight of the calendar for gambling companies. This year, though, a cloud has ...

Bloomberg journalists answer questions about prediction markets’ breakout moment, from Super Bowl betting to regulatory ...

Jump is set to take a fixed amount of equity in Kalshi, while its stake in Polymarket will grow over time depending on the ...

"Sharp bettors are looking for every place they can where they have an advantage." The post Professional Gamblers Move Into ...

The truth hurts. The post An Analysis Just Found Something Extremely Unflattering About What Happens to Users of Prediction Markets appeared first on Futurism.

(Bloomberg) -- Prediction markets are on a hot streak — with rising volumes, growing attention, and bets on everything from elections to military raids. But as these platforms scale, they’re running ...

Wall Street’s main derivatives regulator will write new rules for the multi-billion dollar prediction markets industry, the head of the Commodity Futures Trading Commission said Thursday. “It is time ...