MGM CEO Bill Hornbuckle told Nevada regulators that prediction markets are simply sports betting and suggested they should ...

Young professionals, students and even small business owners can now dip their toes into investing while building confidence ...

The financial landscape in South Africa is undergoing a rapid transformation. With growing access to digital tools and a tech ...

Both companies operate in legal gray areas and both have faced allegations that they are vulnerable to market manipulation.

New York’s proposed ORACLE Act would restrict event-based prediction markets, sparking a debate over whether trading on ...

U.S. District Judge Jacqueline Scott Corley ruled that Kalshi's contracts are regulated under the Commodity Exchange Act, not ...

One of the sponsors of Wisconsin’s statewide sports wagering legislation is warning prediction markets could take over the ...

Prediction markets have grown rapidly, enabling wagers on a variety of subjects, including politics and sports. Their rise ...

As global trading evolves beyond traditional asset classes, brokers are adapting to a new era defined by digital finance and ...

After much anticipation, legislators have released a draft that has been under development. The Senate Agriculture Committee ...

FanDuel will be joining the expanding arena of prediction markets, launching an app next month that will allow users to wager ...

An industry notice issued Wednesday says FanDuel’s bid to offer sports prediction markets with an app is incompatible with ...