PredictIt wins US licence to expand betting offerings
Site known for bets on political predictions could soon create and host all manner of markets
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The big state gamble on prediction markets
Fights over regulation could reshape the US federal system of government
Betting on prediction markets has exploded over past two years
Value of bets soars from $100mn to $13bn a month
Betting on risk changes the world
Prediction markets are the latest example of a disruptive new industry smacking into problems incumbents have long understood
The uses and abuses of prediction markets
Insider bets, low liquidity and regulatory gaps complicate efforts to turn wagers into financial tools
A new spectre looms over democracy: prediction markets
They offer a troubling opportunity to manipulate public perceptions of the outcome of political events
Prediction markets: the hunt for the new ‘dumb money’
As new bettors flock to platforms such as Kalshi and Polymarket, some make easy prey for trading firms and professional gamblers