Iowa State men's basketball will look to stay unbeaten in its first road game of Big 12 play Wednesday. Here are three things ...

The continued existence of lotteries is a demonstration of how little intuition humans have for probability. On some level, ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...

You know that cliché in movies when the camera zooms in on a character who says, “It’s coming,” before someone else dramatically replies, “It’s already here”? Prediction markets are a bit like that in ...

DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...

Prediction markets have moved from academic curiosities to regulated financial venues, but the regulatory environment that governs them is still evolving. Wealth management executives now face a new ...

Reach Jeremy Cluff at [email protected]. Follow him on X, formerly Twitter @Jeremy_Cluff. Our team of savvy editors independently handpicks all recommendations. If you purchase through ...

Prediction markets companies are likely to see their revenues grow by a factor of five to more than $10 billion by 2030, according to analysts at Citizens Financial Group Inc. Companies like Kalshi ...

The SEC earlier this year dropped its appeal against Ripple, a fintech company that uses XRP to facilitate fast and cheap cross-border transactions. Ripple CEO Brad Garlinghouse estimates that the XRP ...

The NFL Week 17 schedule is full of must-see matchups and must-win games. Who will win the 16 NFL games this week, the second-to-last week of the NFL regular season? Check out our NFL Week 17 picks ...

In this episode of Galaxy Brain, Charlie Warzel explores the burgeoning industry of prediction markets. These platforms let people wager on everything from elections and award shows to the most ...