When Andrew needed money for a flight with friends to Greece this summer, the 18-year-old high school senior turned to ...

Prediction markets have gone from a niche internet product to mainstream surprisingly quickly. The idea is simple: you put real money behind your forecast on a real-world event — who wins the election ...

Are prediction markets legal in California? Yes, prediction market apps are currently legal in California, even though the state does not allow traditional sports betting. These platforms operate ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Kalshi and Polymarket are two of the hottest platforms for prediction markets. Many have ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Generally speaking, in 32 states and Washington D.C., an individual can open up a ...

What’s the difference between Kalshi and Polymarket?

MILWAUKEE (CN) — Wisconsin Attorney General Josh Kaul filed a lawsuit Thursday claiming several prediction market websites have been running illegal sports betting operations in the state. “Thinly ...

Like at least other 14 states, Minnesota has wrestled with how to regulate the popular prediction market sites. Federal ...

(CNN) — As the United States and Israel prepared for war and later launched strikes against Iran, traders on online prediction markets wagered over $1 billion on every aspect of the conflict, drawing ...

Are prediction markets legal in Georgia? Yes, prediction market apps are currently accessible in Georgia, even though the state does not have a regulated traditional sports betting market. Unlike ...