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 ...
Bettors on prediction markets are expecting Zohran Mamdani to win the New York City mayoral election. On Polymarket, a popular betting site, users were giving Mamdani a 95% chance of victory as of ...
Prediction markets are quickly shifting from a niche sideline to an emerging asset class, with monthly volumes around $10 billion, said U.S. bank Citizens. Though tiny next to the more than $10 ...
Ethereum’s positive outlook is still intact due to the market stabilizing. However, as has been proven time and again through market cycles that the opportunities for growth are not imposed by larger ...
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 ...
Forbes contributors publish independent expert analyses and insights. Editiorial fellow at Forbes. Draftkings, which runs one of the biggest sportsbooks in the U.S., has launched a predictions market ...
How did you get on against our expert in Daily Mail Sport's unmissable Predictor challenge in gameweek 15 of the Premier League? The weekend kicked off with some big hitters at 2pm on Saturday, with ...
The group, Coalition for Prediction Markets (CPM), comes as the U.S. prediction market has boomed since the start of the year. A federal court's dismissal last year of a prohibition on election ...
FanDuel is preparing to launch its “FanDuel Predicts” prediction market as a standalone app, starting with a basic product in a limited number of states. The platform is a partnership with CME Group, ...
Gemini says its prediction markets are now live nationwide via affiliate Gemini Titan after it secured a CFTC Designated Contract Market license Gemini, the cryptocurrency exchange founded by ...
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 ...