President Trump is throwing his weight behind an effort to block state restrictions on prediction markets, as federal and state regulators vie for authority over the platforms in a legal dispute that ...
If you or someone you know may have a gambling problem, call the National Problem Gambling Helpline at 1-800-MY-RESET. To find a live Gamblers Anonymous meeting happening now, click here. When Andrew ...
President Trump on Tuesday said it was “critically important” for the Commodity Futures Trading Commission (CFTC) to maintain exclusive authority over prediction markets, following several lawsuits ...
President Donald Trump on Tuesday stressed the importance of establishing the Commodity Futures Trading Commission’s “exclusive authority” over prediction markets and vowed to protect the ...
Prediction markets allow people to trade on the outcome of real-world events, from basketball games to elections. And trading volume on Kalshi and Polymarket – the two leading prediction markets – has ...
Like at least other 14 states, Minnesota has wrestled with how to regulate the popular prediction market sites. Federal officials sued the state over its new law. By Pooja Salhotra A day after Gov.
The war with Iran and the U.S. military operation to capture Venezuelan President Nicolás Maduro have carried the usual hallmarks of conflict: soldiers, strategy, casualties, cost. But they've also ...
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Billions of dollars are changing hands each week on prediction markets, sites whose ...
Prediction markets are being touted on social media as a lucrative side hustle for young Americans squeezed by rent and student loan bills. In reality, most traders are losing money, and a significant ...
Soon, investors may be able to wager on who wins control of the Senate in their brokerage accounts. Bitwise, Roundhill and GraniteShares have filed applications with the SEC to offer event contracts ...
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets, though it would avoid areas like sports and politics and adhere to strict rules on insider information. Goldman ...