Articles tagged with #prediction markets
Latest articles tagged with #prediction markets, sorted from newest to oldest.
Well-timed Bets on Polymarket Tied to the Iran War Draw Calls for Investigations from Lawmakers
Lawmakers are demanding answers after it was revealed that well-timed bets on Polymarket, a prediction market, were made before the US launched airstrikes on Iranian targets in January. The bets, which were placed on Polymarket's platform, appear to have been made with inside information, sparking c...
Us Sues Arizona, Connecticut, Illinois to Stop Regulation of Prediction Markets
The US Department of Justice has taken a significant step in its efforts to establish a unified national framework for online betting and prediction markets. On June 9th, 2023 , the DOJ filed a lawsuit against the states of Arizona, Connecticut, and Illinois, seeking to block their regulations on pr...
Trump Administration Backs Kalshi, Polymarket as States Move to Ban Prediction Markets
The prediction market industry has been under scrutiny in recent months, with several states introducing legislation to ban these types of platforms. However, the Trump administration has taken a stance in support of prediction markets, specifically naming Kalshi and Polymarket as examples of platfo...
College Students and Teens Drive Prediction Markets Boom
The prediction markets industry has experienced rapid growth in recent years, with a significant increase in participation from younger users. According to a report by CNBC, college students and teens are driving this trend, with many using platforms to make predictions on everything from the outcom...