Browsing: Predictions
Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence
In Washington, there is plenty of information that can move a market. A government official may know what a president…
Americans wagered more on sports gambling than they spent on movies, museums, and music combined
In 2025, Americans placed roughly $166 billion in bets on sporting events. That’s more than the entire U.S. movie, music,…
The Miami Heat, LeBron James and prediction markets: how a ‘mistake’ video skewed a $245 million bet
On Tuesday night, the Miami Heat accidentally published, then deleted, a YouTube video titled “LeBron James Introductory Press Conference,” dated…
Polymarket cuts ties with former Rep. George Santos as feds investigate his alleged Kalshi bet
The online prediction platform Polymarket is ending its paid relationship with George Santos as federal regulators investigate whether the former congressman illegally bet…
A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets
The Senate has approved a bipartisan resolution to prevent its own members from using prediction markets, banning senators who are often…
Kalshi and Polymarket want to ban insider trading. But an economist says inside info is the point
The walls have started closing in on prediction markets. On Thursday, the Department of Justice announced it was charging a…
Credit delinquency rates are on the rise in states that have legalized sports betting, and it’s impacting Gen Z and…
Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket
As the prediction markets Kalshi and Polymarket dominate the attention of investors and regulators, a sports-focused challenger called Novig is…
Prediction markets can take bets on outlandish events that ‘get laundered into legitimacy’
Financial markets have long influenced perceptions, but prediction markets can prematurely create a permission structure for possible events in the…
An anonymous Polymarket trader made $400k betting on Maduro’s downfall—now Washington wants answers
On Jan. 3, soon after U.S. forces captured Venezuelan president Nicolás Maduro at his compound in Caracas, the political researcher…












