Max Meizlish and I argued in these pages in February that prediction markets had become an intelligence asset, vulnerable to insider trading by those with classified knowledge of future events. Two ...

Gen Z and millennials are far more likely to get into prediction markets than their elders, but there's a good chance many aren't making money on the platforms. Nearly a third of Gen Zers (32%) and ...

The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...

More than $2 billion in bets have been wagered globally related to the Iran war on Polymarket — the world’s largest prediction market — an NBC News analysis revealed. Subscribe to read this story ...

Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...

FanDuel has built a large and growing business with its sports betting app, becoming the largest online sportsbook in the United States. But online sports gambling remains illegal in many states, ...

Have you noticed a lot of young people getting into antenna-maxxing as alpha? Or, maybe searching for any bit of copium after they fat-fingered and got rinsed? Or maybe they farmed during a yes-fest ...

Charles Schwab and Citadel Securities executives have both aired early interest in getting involved in prediction markets, but are looking to steer clear of sports offerings. Traditional finance ...

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 few days before Christmas, Howard Qin was scrutinizing weather forecasts on two laptops at home in Shanghai when he noticed prices of contracts for New York City snowfall creeping higher on the ...

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Weapons of war in ancient times often included slingshots fired from great distances, and sometimes, the most lethal part was personalized. Ancient Greeks often decorated or inscribed the lead ...