Robinhood has officially entered the world of prediction markets, adding to its wide range of investing options for customers. Through its Robinhood Derivatives platform, the company now offers event ...

FanDuel will accept sports event contracts later this year, bringing the U.S. online gambling market share leader into a growing prediction market space in a move that could alter the nascent ...

When the Denver Broncos played the Cincinnati Bengals in September, prediction market Kalshi let you bet on whether Broncos quarterback Bo Nix and wide receiver Courtland Sutton would score touchdowns ...

Major names in trading, crypto, and sports betting are moving into event-linked wagers, signaling a push to mainstream a product long kept at the edge of finance. DraftKings, FanDuel, Coinbase, and ...

March 18 (Reuters) - Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between traders who have embraced the nascent asset class and critics who ...

Kalshi expanded its “combo” event contracts product to all users Monday in a move that expands the lucrative offerings and raises the stakes on the growing prediction market industry. Key Takeaways ...

Forbes contributors publish independent expert analyses and insights. I write about legal issues in sports and gambling. Rule 40.11(a)(1) imposes a blanket ban on all event contracts involving “gaming ...