#PredictionMarkets

The numbers are out, and they paint a stark picture of who is winning and who is losing on prediction market parlays.

CFTC chairman Michael Selig sat down with WIRED to discuss how the agency scours Polymarket and other prediction markets for illegal activity.

A sweeping public safety bill passed both chambers of Minnesota's legislature this week. If the governor signs it, the state becomes the first in the country to outlaw prediction markets entirely.

The chair of the CFTC, Michael Selig, drew a hard line this week, and the people paying closest attention are the ones trading on platforms like Kalshi.

There are actually three platforms to understand here, not two. The differences matter a lot depending on where you live and how you trade.

Truth Predict was supposed to be the Trump family’s biggest leap yet into prediction markets. Now it’s looking more like a tiptoe.

The prediction market platform just made one of the boldest brand moves in sports, and it happened right in the middle of New York City.

From Si RSS Feed: A $22 Billion Valuation Makes Kalshi the Most Valuable Name in Sports Markets

From Gizmodo RSS Feed: Campaign Staffers Say They’re Using Non-Public Poll Data to Profit on Prediction Markets

Campaign staffers are turning private polling data into personal paydays. They describe the election prediction market as a "Wild West" for staffers.

The platform's growth story has taken a new shape, and it has everything to do with how people are actually using it

The hugely popular prediction market was shut down by U.S. regulators in 2022 and re-opened in Panama, where it has benefited from tax and legal benefits for years.

The platform just rolled out sweeping new safeguards, and the details reveal something the industry has been quietly avoiding for years.

San Antonio rolled through the regular season with one of the best records in the West in years, and Kalshi traders are making it clear they do not expect much resistance in Game 1. The Series Tips off tonight in San Antonio.

The Senate has scheduled a sports integrity hearing for May 20th. For Kalshi and the prediction market industry, getting a seat at the table matters more than what gets said in the room.

Over $125 million has traded hands on Kalshi's Pro Basketball Champion market, and Oklahoma City has turned that massive pool into its own personal statement.

The New York Knicks jumped 17% in Eastern Conference champion prediction markets after crushing the Hawks, as Boston faces a must-win Game 7 against Philadelphia.

A new analysis found the bets succeeded at dramatically higher rates than other types of wagers on the platform.

The United States Senate did something good, today: it unanimously banned members from trading on prediction markets (the tech term of art for sites that let you gamble on anything)…

From Si RSS Feed: Why Prediction Markets Are a Good Alternative to Traditional Sports Betting Apps