Sunday's Super Bowl is expected to see a record $1.76 billion wagered with sportsbooks. Emboldened by loosened restrictions from federal regulators, a newer form of betting — prediction markets — will ...

Two Western Conference playoff hopefuls will meet on Thursday's NBA schedule as the Golden State Warriors visit the Phoenix Suns. The Warriors (27-24) have lost two in a row and are No. 8 in the West ...

Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when ...

Prediction markets are offering Super Bowl-related bets "masquerading" as event contracts, NY Attorney General Letitia James said in a statement. Prediction markets are susceptible to insider trading ...

As Punxsutawney Phil prepares to make his 130th weather prediction over 138 years on Feb. 2, let’s look at the 129 times he’s made his forecast. The National Oceanic and Atmospheric Administration ...

Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...

DraftKings is a Strong Buy, and I don't see prediction markets posing a material threat to its sportsbook dominance or growth trajectory. DKNG's business momentum is robust, with all-time highs in ...

A menswear expert's tongue‑in‑cheek warning about the next generational style shift has struck a nerve among viewers online after a viral post predicted that Gen Alpha will repeat a familiar sartorial ...

Event contracts are viewed as information, but also assets, making it all the more difficult to figure out which rules do and don't apply to them. Prediction markets are regulated by the Commodity ...

The Nevada Gaming Control Board has taken a new tactic in its battle against prediction markets. The board on Friday announced that it has filed a civil lawsuit in Carson City District Court against a ...

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, the downfall of former Venezuelan President Nicolás Maduro. The latter ...

DraftKings Predictions, the recently launched prediction market app from one of the leaders in regulated digital gaming in the United States, looks and plays like it’s part of a longer-term marketing ...