Mark Zuckerberg, CEO of Meta Platforms Inc., has directed his staff to develop a prediction market platform, a significant strategic move confirmed by a source familiar with the company’s plans.…
Wealthsimple Inc., a prominent Canadian financial technology company, is set to launch Wealthsimple Predict this summer, a new prediction market trading app that will be accessible to its four million…
Prediction markets, specifically those operated by Kalshi, are now indicating a significantly heightened probability of an interest rate hike by the Federal Reserve in 2026, a stark reversal from earlier…
The Commodity Futures Trading Commission (CFTC) announced on Thursday its decision to sue the state of Rhode Island, marking a significant escalation in the ongoing, nationwide dispute over the regulatory…
The American Gaming Association (AGA), the national trade group representing the U.S. casino gaming industry, has delivered a striking estimate, asserting that states and tribal communities have forfeited more than…
Federal prosecutors have unveiled a significant white-collar crime case, charging a Google employee with an elaborate fraud scheme that allegedly netted him $1.2 million through insider trading on the prediction…
VATICAN CITY – Pope Leo XIV issued a stark warning over the weekend regarding a looming "social calamity" that could stem from widespread unemployment driven by the rapid adoption of…
As the burgeoning sector of prediction markets experiences a relentless surge in trading volumes, these innovative platforms find themselves embroiled in a fierce regulatory conflict, facing challenges from states nationwide.…
The burgeoning landscape of online prediction markets is currently navigating a complex and fiercely contested regulatory environment, with states and the federal government locked in an intricate battle for jurisdictional…
As U.S. President Donald Trump embarks on a pivotal diplomatic mission to Beijing to meet with Chinese President Xi Jinping, anticipation runs high regarding the potential outcomes of their bilateral…
