DraftKings shares rose 8.39% to $24.03 after reporting Q2 earnings miss but strong prediction-market growth despite a 5% revenue drop. Investors focused on ris…

The president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets o…

Truth Social's parent company is unwinding two major Crypto.com deals as new leadership shifts its focus to media, data licensing, and a planned merger with fu…

Written by Alex Carchidi for The Motley Fool -> Prediction markets are popular with some crypto investors. Buying spot market assets and holding them is almo…

Democratic lawmakers say wildfire event contracts create risks of arson, insider trading, and disaster profiteering as they urge federal regulators to step in.

A federal judge has ruled that Utah can enforce its antigambling laws against prediction market company Kalshi, rejecting the company's claim that federal law …

The S&P 500 ended its more than 5.5% four-day rally on Wednesday, but the broad index's surge to new records is recalibrating prediction market traders' outloo…

Fire experts warn such markets could incentivize arson.

Polymarket targets $20 billion valuation as competition heats up in prediction market sector

Prediction market platform Polymarket is in talks for a fundraising round that would value the company at north of $20 billion, a person familiar with the matt…

Prediction market platform Kalshi is announcing Tuesday a new partnership with compliance technology company Comply as its push into institutional trading cont…