"Prediction markets cry out for some kind of legislative intervention," Sen. Richard Blumenthal, D-Connecticut, told USA ...
Prediction markets have boomed, inviting increased scrutiny from regulators and Congress.
Ore., led a letter — first reported by CNBC — to the CFTC asking for stricter rules for companies like Kalshi and Polymarket.
The Trump administration’s prosecution of an Army soldier who cashed in on the Maduro raid may set an example but not a rule.
Recently, a U.S. soldier was accused of using confidential info to earn $400,000 on Polymarket, and multiple congressional ...
LINCOLN, Neb. (Flatwater Free Press) - A few years ago, Nebraskans looking to legally bet on March Madness had two choices: Go to the casino or cross state lines. Now, they can put as much money as ...
The rise of online prediction markets has allowed people to bet on virtually any news event. For a small group of traders, the war with Iran has been a windfall. A number of lucrative, well-timed bets ...
Online sports betting is illegal in Nebraska, but upstart prediction markets allow residents to put money on any event with a definitive outcome, including sports, elections and commodity prices.
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