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 ...

A new coalition is taking aim at the rise of prediction markets by pushing for enforcement of state and tribal gaming laws, arguing that the platforms facilitate illegal sports betting. Gambling Is ...

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 ...

Nasdaq Inc. plans to roll out options contracts that would allow yes-or-no bets on a major stock index, the latest exchange operator to put its own spin on fast-growing prediction markets. The company ...

At least three ETF shops are interested in rolling out funds that hold event contracts tied to the outcome of U.S. elections. The fund proposals signal a move by the industry to offer ...

Three books unpack our infatuation with prediction, and what we lose when we outsource this task to machines. To be human is, fundamentally, to be a forecaster. Occasionally a pretty good one. Trying ...

The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. Subscribe to read this story ad-free Get unlimited ...

Commodity Futures Trading Commission Chairman Michael Selig said the agency has filed an amicus brief in federal court to assert its authority over prediction market enforcement and regulation. The ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Bill McGurn, Allysia Finley and Dan Henninger. Photo: Stefano Costantino/SOPA Images/ZUMA Press/Jim West/Zuma Press/U.S. FDA via ...

Julia R. Cartwright is a senior research fellow in law and economics at the American Institute for Economic Research. Enron, long remembered as one of the largest corporate fraud scandals in American ...

When New England Patriots wide receiver Mack Hollins scored a touchdown with about 12 minutes left in the Super Bowl, the moment had the chance to be a shocking turning point in an otherwise dull game ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...