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The Commodity Futures Trading Commission (CFTC) is stepping in to stop what it calls an “onslaught” of state-level regulation of prediction markets. CFTC Chairman Michael Selig said Tuesday in a video ...

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 ...

The casino industry is on fire. Last year, Nevada gaming companies finished with an enormous 352 percent year-over-year revenue increase on sports bets. So why the sour grapes when it comes to ...

As prediction market platforms like Polymarket and Kalshi battle regulators in court, Senate Democrats are urging the CFTC to avoid weighing in, escalating a broader fight over the burgeoning industry ...

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 ...

WHAS11's Sherlene Shanklin talked to Deion Branch and got his prediction for Superbowl 60 since he actually played for both teams during his NFL career. The moment Trump found out the Supreme Court ...

There’s no legal sports betting in California, though Super Bowl-sized loopholes — in the form of new “prediction market” platforms — are allowing anyone across America to wager on games anyway.

Nothing makes Americans want to gamble like the Super Bowl. Every year, the game is reliably the biggest day for sports betting: On platforms such as FanDuel and DraftKings, people are already putting ...

Punxsutawney Phil, the groundhog weather icon, saw his shadow when he was plucked from his warm burrow and thrust out into the frigid air Monday morning. According to Phil, that means six more weeks ...

Investors can use prediction markets to see the potential range of outcomes for a specific cryptocurrency. Investors can buy prediction market contracts to make directional bets on specific ...

Prediction markets are gaining traction among Wall Street professionals who see them as a potentially useful tool for institutional investors, according to new research. Long viewed as niche venues ...