About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

Not too long ago, prediction market apps were facing a hostile Washington. Now with Trump back in power, they're taking flight with the full blessing of the White House. In the Biden years, regulators ...

Prediction markets like Kalshi, which some liken to legalized gambling, allow investors to bet on reality. Here’s how they work and why they’re so controversial. Prediction markets let people trade on ...