Prediction markets have never been busier. According to Bloomberg News, weekly trading volume across platforms such as Polymarket and Kalshi surpassed $2 billion in late October 2025—an all-time high ...
Forbes contributors publish independent expert analyses and insights. Editiorial fellow at Forbes. Draftkings, which runs one of the biggest sportsbooks in the U.S., has launched a predictions market ...
With so-called "prediction markets" giving taxpayers new ways to place wagers on future events such as sports, elections, pop culture happenings and even the weather, the uncertainty isn't limited to ...
DraftKings announced last week it would offer sports event contracts, becoming the first major U.S. sportsbook operator to announce plans to run such a platform at a time when prediction markets are ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
Prediction markets have grown rapidly, enabling wagers on a variety of subjects, including politics and sports. Their rise has not gone unopposed. Prediction markets have surged, especially post-2024 ...
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What are prediction markets?
Prediction markets function like stock markets for questions, where prices reflect the crowd’s odds on real-world events. Platforms like Polymarket and Kalshi enable users to trade on crypto, politics ...
The Miami Marlins are entering a pivotal offseason with some big decisions. The biggest could end up being what do they do with their top two starting pitchers; Sandy Alcantara and Edward Cabrera.
The YZi Labs-backed “Opinion” prediction market logged $1.5 billion in weekly volume just weeks after launch, outpacing Kalshi and Polymarket as prediction markets boom. YZi Labs, the venture capital ...
The fund-raising effort, the company’s third this year, values it at $11 billion, and comes amid stiff competition in the increasingly popular industry. By Michael J. de la Merced The surging ...
Binance founder Changpeng "CZ" Zhao announced a new BNB Chain prediction market this week in a post on X highlighting predict.fun, a platform built by a former Binance employee that allows user funds ...
We are hours away from the Seattle Seahawks hosting the Minnesota Vikings to wrap up November. It’s a throwback uniform day and Seattle is looking to clinch a winning season and move a step closer ...
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