About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

The explosive growth of Kalshi and Polymarket is putting pressure on a lot of traditional gambling markets. But is that growth really something you want to bet on?

CFTC Chairman Selig withdraws 2024 proposal to ban sports and political event contracts, calls it a "frolic into merit ...

The startup’s platform will display bets from Kalshi and Polymarket.

Meanwhile, Interactive Brokers has actively avoided offering sports-related prediction markets. Peterffy acknowledged that most of the prediction-market volume at its competitors comes from sports, ...

Prediction markets are becoming a go-to place to watch the final hours of major political elections. Why it matters: This week's NYC Democratic mayoral race showed how fast and responsive prediction ...