The 2026 World Cup is the first men's World Cup in the United States since the 1994 tournament, and it'll be unlike any World Cup ever played. This World Cup will be the first one that is played in ...

The Trump administration proposed new rules Wednesday for regulating prediction markets, seeking to clarify what types of events can be listed for trading on the platforms. The Commodity Futures ...

Trump regulators are proposing an expansive new set of rules on how they will govern the booming prediction markets, with parameters that will continue to allow most sports-related bets while trying ...

The Trump administration on Wednesday proposed a set of new federal regulations for prediction markets that appear to largely leave the booming industry intact. Importantly, the new rules would ...

Earlier this year, Thomas Christian Owens decided to try his hand at prediction market trading for the first time. He created a Kalshi account in January. Three months and a $500 deposit later, he ...

DraftKings faces further downside after a disappointing Q1 earnings print and ongoing market share losses. Despite launching its 'super app,' DKNG's handle trends weakened as active players declined, ...

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 ...

DraftKings posted its first profitable quarter on May 7, and Wall Street barely blinked. The company reported $1.65 billion in revenue for Q1 2026, up 17 percent year over year, with adjusted EBITDA ...

Minnesota Gov. Tim Walz has signed the nation's first law banning prediction market sites from operating in the state, and in response, the Trump administration has sued, teeing up a legal battle over ...

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 prediction markets seem to have a strong opinion about who — or at least which party — will win the 2028 presidential election. As of this week, prediction market Kalshi gives the Democratic party ...

The Senate unanimously agreed to a resolution Thursday barring its members from trading on prediction markets in the face of growing concerns about insider trading on the platforms. The resolution, ...