Betting on a football score isn't gambling. At least not according to the federal Commodities Futures Trading Commission.

The federal agency that regulates prediction markets such as Kalshi and Polymarket is proposing rulemaking designed to ...

Prediction markets allow participants to trade on the outcome of future events. Prediction markets are gaining popularity and ...

The CFTC has proposed its first framework for regulating prediction markets. Here's what it means for sports, elections, and ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Last October, Minnesota state Sen. Matt Klein (D–Mendota Heights) wagered $50 on the prediction market Kalshi that he would win his congressional primary this August. After Kalshi flagged the bet, ...

The federal government sued Minnesota on Tuesday to block a newly signed state law that would make operating or assisting a prediction market a felony, escalating an intensifying national legal fight ...