Monthly trading volume in prediction markets surged from under $100 million in early 2024 to over $13 billion by the end of ...

Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.

Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

This past weekend, National Football League fans placed more than $200 million worth of NFL trades through Kalshi, the ...

In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

DraftKings Inc. is releasing a new app on Friday that will allow customers in 38 states to trade contracts on sports and ...

This tech giant's early entry into the AI space has helped it build a substantial revenue backlog that could propel its ...

Coinbase is suing three states over the regulation of prediction markets as it expands into the booming space alongside ...

Prediction markets have been a major headwind this year for the U.S. sportsbook duopoly of DraftKings and FanDuel-parent ...

Coinbase Global Inc. said it is suing the US states of Michigan, Illinois and Connecticut over their attempts to regulate ...

NCAA president Charlie Baker released a statement Thursday saying the NCAA is "vehemently opposed" to prediction market ...

The crypto firm has its sights on becoming an “everything exchange,” and prediction-markets platforms like Kalshi are ...