Prediction markets are growing quickly in the United States. Here's what you need to know about them and how they affect the ...

Prediction markets like Kalshi and Underdog may offer significant tax advantages over sports betting under the IRS 60/40 rule ...

Sports is fueling the growth in prediction markets and is forecasted to make up 44% of volume as the industry matures, according to new research.

Kalshi's latest deal follows other partnerships including with Google Finance, the National Hockey League, and Robinhood. Other prediction markets, and those interested in developing them have inked ...

Sportsbook operator DraftKings announced plans to acquire Railbird, a prediction markets platform. Prediction markets are being increasingly viewed as a competitive threat to traditional sportsbooks, ...

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 ...

Truist lowered its DraftKings price target to $43 while maintaining a buy rating following the prediction markets launch.

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 ...