Unlike Senate members and staff, House lawmakers and staff can still bet on prediction markets — where billions are bet each ...

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No one would have predicted it. But you could have made a lot of money if you did. With uncharacteristic dispatch, the United States Senate unanimously voted to ban senators and staff from playing in ...

NEW YORK (PIX11) — Gov. Kathy Hochul signed an executive order that prohibits state employees from using their knowledge of potential future outcomes to make money. As the popularity and use of ...

Gov. JB Pritzker’s administration is setting rules on two emerging technologies for state workers, joining state governments across the country in trying to stay ahead of rapidly shifting terrain. One ...

A soldier betting on an operation to oust Venezuela's leader. Politicians gambling on their own elections. Massive bets on the president announcing a ceasefire with Iran right before he actually did.

As prediction markets rise in popularity and notoriety, several news outlets have recently engaged in partnerships with the most prominent of these companies, raising questions about how and why media ...

A dangerous, unregulated form of gambling that allows for degenerate betting on real events, unfettered by the economic and legal rules that keep stock markets and sports betting in check, creating an ...

A prediction market app has a unique place in the market. Though it may appear distinct from tools for forecasting future events, its positioning within the global financial environment serves to ...

The rapid rise of prediction markets has involved a tacit agreement of sorts from participants. It's assumed — if not expected — that there's some degree of shenanigans going on, whether that means ...

The CFTC received more than 1,500 responses to its prediction market rulemaking proposal, with respondents divided on how it should police the platforms. The US Commodity Futures Trading Commission ...