A trader placed well-timed bets on Polymarket and Kalshi in two Senate races. It was unclear if the person had access to inside information or simply made good trades.
A trader placed well-timed bets on Polymarket and Kalshi in two Senate races. It was unclear if the person had access to inside information or simply made good trades.
A law enacted after a brazen scheme to rig onion prices in the 1950s puts the vegetable, as well as box office receipts, off-limits for prediction markets.
Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.
Studies have shown that the betting sites can predict races correctly, but their ability to forecast U.S. midterm elections is an important proving ground.
The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
The prediction market raised $1 billion in a new funding round and landed a market value almost double that of rival Polymarket. But legal challenges to its business persist.
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