Prediction markets are becoming a testing ground for AI-driven arbitrage, as bots exploit pricing gaps faster than humans.

Kalshi CEO Tarek Mansour has argued that event contracts fall within financial market frameworks rather than traditional gaming categories. In contrast, other industry executives have described sports ...

Surging Eastern Conference teams will meet on Monday's NBA schedule as the Boston Celtics visit the Milwaukee Bucks. Boston (40-20) is 11-2 over its last 13 games and is coming off a Sunday night win, ...

March 2 (Reuters) - Nasdaq (NDAQ.O), opens new tab has sought approval from the U.S. Securities and Exchange Commission to roll out prediction markets options on a major stock index, according to a ...

The NASCAR Cup Series hits the Circuit of the Americas for the DuraMax Grand Prix on March 1 in what has become an annual part of the early-season schedule. Road-course racing means that Shane van ...

Growth in prediction markets is surging as traders seek more precise ways to price and hedge discrete events, from elections to rate decisions, without relying on blunt proxy trades. Prediction ...

The rise of prediction markets in the United States has been staggering. In December alone, users traded nearly $12 billion on Kalshi and Polymarket, the two biggest platforms in the business. That’s ...

A cross-conference matchup gets the Saturday NBA schedule underway when the Phoenix Suns take on the Orlando Magic. Orlando is 29-25 on the season, while Phoenix is 32-24. They've been heading in ...

Michael Selig oversees a federal agency created to regulate soybean futures. Now he’s helping Americans around the country bet on everything from the Federal Reserve’s interest rate decisions to who ...

Before the NCAA men’s basketball tournament bracket is carved in stone, attempts to anticipate what the final product will look like more closely resemble molten lava. That was made abundantly clear ...

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Platforms that let you bet on the outcomes of future events have seen explosive growth recently. Economics correspondent Paul Solman explains how these prediction markets work and why they’re so ...