Tag: PredictionMarkets

A Wall Street Journal investigation found that 67% of profits on Polymarket go to just 0.1% of accounts, while more ...

U.S. Commodity Futures Trading Commission

NBA, PGA Tour, and NCAA Want Prediction Markets to Require Users Be 21 — Here’s Why It Matters

by Bill Christy

The NBA, PGA Tour, and NCAA filed CFTC comment letters demanding a 21-plus age minimum for sports prediction market trading, ...

Massachusetts Supreme Court Signals It May Side With the State Against Kalshi

by Brett Alper

Justices at Massachusetts's highest court grilled Kalshi over whether its sports event contracts are really just sports bets in financial ...

Texas Lt. Governor Wants to Ban Prediction Markets — Here’s Why the Feds Are Blocking Him

by Ernie Horn

Dan Patrick directed Texas senators to close the prediction market 'gambling loophole,' but the Trump administration's CFTC is actively fighting ...

What Betting Markets Are Saying About This Week’s NBA Playoff Games

by Andrew Elmquist

May 4, 2026

Four NBA playoff Game 1 matchups are drawing massive prediction market volume. Here is what traders and bettors are saying ...

Trump Did a 180 on Prediction Markets in 48 Hours — Here’s What It Means for Sports Bettors

by Brett Alper

Trump told reporters prediction markets are what smart people like and the US can't fall behind — reversing sharp criticism ...

What Is Kalshi — And Why Is It Getting Banned in Nevada?

Kalshi Just Had Its Biggest Week Ever — $3.4 Billion, and Sports Drove 88% of It

by Bill Christy

Kalshi hit a $3.4 billion weekly all-time high for the week ending April 26, with sports markets alone generating more ...

Minnesota Is the Next State Voting to Ban Prediction Markets — What Sports Bettors Need to Know

by Matt Brown

A bill to ban prediction market wagers is heading to a Minnesota Senate floor vote, triggered in part by a ...

A US Special Forces Soldier Was Charged for Betting on His Own Classified Operation

by Jaden Vann