Sports prediction platforms such as Kalshi and Robinhood offer betting in areas where it's illegal, blurring legal lines ...

Ho-Chunk Nation sues Kalshi over sports contracts, joining California tribes in challenging prediction market’s legality.

Robinhood is suing the Nevada Gaming Commission, escalating the battle over Nevada's authority to prohibit sports futures ...

JPMorgan CEO Jamie Dimon has been vocally skeptical of Zohran Mamdani's platform as the Democratic Socialist candidate running for NYC mayor.

T-minus one day — As investors across Wall Street anxiously await Fed Chair Powell’s speech Friday at Jackson Hole in Wyoming, stocks slipped Wednesday with the S&P 500 dropping 0.2 percent and the ...

The FanDuel-CME platform will be a “futures commission merchant” (FCM), which means that it will offer event contracts, but will not set the markets, like Kalshi, which is a “designated contract ...

Market analysis reveals notable behavior as market makers abandoned their posts during copper's historic volatility surge, ...

Newsom is the only one of the three to see a dramatic rise in his odds, which are set at 27%. He’s followed by Rep. Alexandria Ocasio-Cortez of New York, with a 13% chance, former Transportation ...

Robinhood Derivatives, the derivatives division of the well-known trading platform Robinhood, has sued authorities in New Jersey and Nevada to stop them from taking action against its sporting event ...

FanDuel ( NYSE: FLUT) has entered a strategic partnership with CME Group ( CME) to create a platform that allows retail users to bet on the outcomes of financial market events. The joint venture is ...

Robinhood sued Nevada and New Jersey regulators over event contract disputes. What does this mean for the future of prediction markets?

Expected to launch later this year, the event-based contracts will be tied to benchmarks such as the S&P 500 and Nasdaq-100, ...