Kalshi published campaign-style updates on his odds, and Polymarket hosted multiple active markets on whether Pratt would ...

As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens ...

A forecasting framework that measures how voters evaluate candidates’ future leadership abilities and policy expertise accurately anticipated the closely contested outcome of the 2024 United States ...

Prediction markets are moving into the mainstream, giving investors a new way to watch crowd expectations – and a risky way ...

A handful of states currently have election betting restrictions.

We uphold a strict editorial policy that focuses on factual accuracy, relevance, and impartiality. Our in-house created content is meticulously reviewed by a team of seasoned editors to ensure ...

The prediction market Kalshi suspended three political candidates from its platform on Wednesday for “political insider trading” after an internal probe found that they bet on their own campaigns.

Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., on Thursday introduced legislation to ban prediction market bets on sports, war, elections and government actions.