Prediction markets have “enormous” growth potential, Thomas Peterffy, the billionaire founder of the retail brokerage ...

A week before the election, the company announced that its first-ever prediction market would be for the presidential race ...

Polymarket and Kalshi were big winners of the election. But can they maintain their momentum until 2028?

Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...

The basic theory behind prediction markets is that a lot of people with money on the line can better predict an outcome than ...

Prediction markets have been around for a long time.  16th century Italians placed bets on who the next Pope would be, and ...

History suggests the platforms have flourished during U.S. presidential elections, then struggled afterward.

"This is the dawn of a new era for prediction markets," Kalshi's founder said. Betting markets called Trump's win weeks ...

While pollsters ask people how they intend to vote in an election, prediction markets have traders gather information, think ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...

Recent polls for the 2024 US presidential elections indicate a neck-to-neck race between Donald Trump and Kamala Harris.