The political fight in the US over the future of prediction markets like Polymarket and Kalshi has escalated into a full-blown war, and battle lines aren't being neatly drawn along party lines.

Individual investors who embraced high-risk, high-reward stock bets in recent years are now flocking to prediction markets. For the cohort that piled into options—which give the right to buy or sell a ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn, Allysia Finley and Dan Henninger. Photo: Stefano Costantino/SOPA Images/ZUMA Press/Jim West/Zuma Press/U.S. FDA via ...

Sunday's Super Bowl is expected to see a record $1.76 billion wagered with sportsbooks. Emboldened by loosened restrictions from federal regulators, a newer form of betting — prediction markets — will ...

Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when ...

Prediction market contracts enable investors to predict the future price of a specific cryptocurrency or the outcome of a specific cryptocurrency event. Prediction market contracts are regulated by ...

Investors can use prediction markets to see the potential range of outcomes for a specific cryptocurrency. Investors can buy prediction market contracts to make directional bets on specific ...

Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...

Event contracts are viewed as information, but also assets, making it all the more difficult to figure out which rules do and don't apply to them. Prediction markets are regulated by the Commodity ...

Prediction markets are facing new congressional scrutiny after a large-scale wager on Venezuelan President Nicolás Maduro’s ouster by the Trump administration raised suspicions about insider trading ...

Putting your money where your mouth is has never been easier, as it’s now possible to gamble on basically anything, including election outcomes. However, many experts worry that gamifying politics ...