WEATHER ALERT
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the same
Read full article: Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameClinicians who treat gambling disorders are concerned about their patients turning to prediction markets.
US soldier charged with using classified intel to win $400K on Maduro raid is granted bond
Read full article: US soldier charged with using classified intel to win $400K on Maduro raid is granted bondA U.S. soldier involved with the capture of Venezuelan President Nicolás Maduro has been granted bond, a day after being charged with using classified information about the operation to win more than $400,000 in an online prediction market.
Prediction markets, filled with 24/7 bets, are regulated differently than traditional gambling
Read full article: Prediction markets, filled with 24/7 bets, are regulated differently than traditional gamblingPrediction markets let people wager on just about anything — from basketball games to elections.
Kalshi and Polymarket place new bans on insider trading as senators move to curb prediction markets
Read full article: Kalshi and Polymarket place new bans on insider trading as senators move to curb prediction marketsKalshi and Polymarket are tightening their rules on insider trading as Congress appears to be moving closer to cracking down on prediction markets.
Arizona hits Kalshi with criminal charges, escalating fight between states and prediction markets
Read full article: Arizona hits Kalshi with criminal charges, escalating fight between states and prediction marketsArizona has become the first state to file criminal charges against Kalshi, accusing the prediction market platform of operating an illegal gambling business within its borders.
Trump administration backs Kalshi, Polymarket as states move to ban prediction markets
Read full article: Trump administration backs Kalshi, Polymarket as states move to ban prediction marketsThe Trump administration has backed Kalshi and Polymarket in a court fight over whether prediction markets constitute gambling.