Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

People are now betting on everything. Prediction markets are amplifying those signals. The timing of the U.S. government shutdown. The likelihood of Taylor Swift canceling a tour date. The exact day ...

Gambling content 21+. The New York Post may receive an affiliate commission if you sign up through our links. Read our editorial standards for more information. Prediction markets have gained serious ...

A study by Kalshi found that prediction markets outperformed Wall Street consensus estimates in forecasting inflation, with a 40% lower average error over 25 months ...