The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing ...

Opinion: Litigation involving online platforms such as Kalshi raises questions about the jurisdiction of the Commodity ...

The prediction market Polymarket is holding early conversations with investors and looking to raise money at a valuation ...

Prediction market Kalshi is getting new funding offers that could lift its value past $10 billion, according to a report from ...

Opinion: Prediction markets must consider the strict federal rules governing their operation and craft internal controls ...

DraftKings Inc. has acquired a federally regulated trading venue, marking its most aggressive move yet into the contested ...

CME Group Inc. is planning to debut financial contracts tied to both sports games and economic indicators by the end of the ...

That level would mark a more than 10-fold increase since June, when Polymarket raised $200 million at a $1 billion valuation.

Polymarket is in early discussions with investors and looking to raise funds at a valuation between $12 billion and $15 billion, Bloomberg News reported on Wednesday, citing people familiar with the ...

Prediction markets are emerging as a major new competitor to online sportsbooks, sending shares of DraftKings (NASDAQ:DKNG) and FanDuel’s (NYSE:FLUT) parent company sharply lower this week, Bloomberg ...