White House aides got an email last month telling them not to place bets on prediction markets with nonpublic information, multiple administration officials told CBS News. It was sent March 24, ...

Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, ...

The White House recently warned staff not to engage in insider trading on prediction markets and other platforms, according to a White House official. The internal warning came amid a flurry of ...

The 2026 NBA Play-In Tournament is officially set, so now the eight teams that qualified will have the chance to claim the last two seeds in the Eastern and Western Conferences. And, if they do that, ...

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 ...

Lawmakers are pressing securities regulators to crack down on prediction markets amid several recent incidents of people using the increasingly popular platforms to bet on events tied to the Iran war ...

Seven House Democrats on Tuesday sent a letter — obtained first by CNBC — to Commodity Futures Trading Commission Chair Michael Selig asking why the agency had not cracked down on offshore war bets.

Binance has added a prediction markets feature to its Binance Wallet, giving users a way to trade on the likelihood of real-world events without leaving the app. The rolloaut connects Binance Wallet ...

The top federal regulator for the rapidly growing prediction market industry vowed Thursday to crack down on insider trading, and said his agency is actively investigating hundreds of possible cases.

The Hollywood Reporter's executive editor of awards coverage provides his initial assessment of 17 categories. By Scott Feinberg Executive Editor of Awards 2 days ago ...

Prediction markets are seeing steady growth in the U.S., but a wave of legal disputes and shifting competition is beginning to reshape the sector, a new report from Bank of America said. Total weekly ...

Russell Saffell of Ankeny is a scholar of public administration, public policy and economics. He is a policy analyst, adjunct professor, and nonprofit executive. He is a candidate for state ...