Prediction Market

A prediction market is a platform where users can buy and sell contracts based on the outcome of future events, with prices reflecting the collective probability of those outcomes occurring.

Why it’s in the news: It is in the news due to ongoing legal battles and regulatory scrutiny, particularly regarding whether prediction markets should be classified as gambling.

Latest on Prediction Market

• NFL Urges Supreme Court to Allow State Oversight of Prediction Markets
• NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
• A senator tried to ban gambling on prediction markets—now she's a Kalshi lobbyist
• A Prediction Market About the Past? Sure, Why Not!
• Meet the Gen-Z High Rollers Dominating the Prediction Markets
• CFTC Proposes Rules to Say Prediction Markets Are Not Gambling
• Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations

Connections

2 entities linked to Prediction Market across the news graph.