Friends of the Court: Prediction Market Industry Supports Kalshi Ahead of Oral Arguments
In the final week of November, prediction market companies, a lawyer, and a professor filed amicus briefs in Kalshi’s case...
Loyalty or Experience: Traders Skeptical of Kash Patel’s Confirmation for FBI Director
One of Donald Trump’s unpredictable staff picks is Kash Patel for FBI director. Kalshi’s FBI director market opened on Nov....
Trump’s Defense Secretary Pick a Mystery to Prediction Markets
Prediction markets have begun pricing Donald Trump’s unpredictability into their Cabinet markets. To begin the week, Kalshi’s Secretary of Defense...
Kalshi vs. CFTC Update: Round 2 of Oral Arguments Set for January
On Jan. 17, 2025, Kalshi and the Commodity Futures Trading Commission (CFTC) will have their second set of oral arguments...
Promises, Pardons, and Prediction Markets: President Biden’s Controversial Decision Surprises Traders
After promising not to pardon Hunter Biden, President Joe Biden reversed course and issued the controversial pardon for his son...
Will Elon Musk Leave DOGE? Prediction Markets Show Uncertainty
In his biography of Elon Musk, Walter Isaacson recounts how Musk became the CEO of Tesla. After ousting the original...
PredictIt at a Crossroads: Legal Battles, Industry Growth, and an Uncertain Future
PredictIt, an academic prediction market run by the Victoria University of Wellington, has offered election contracts since 2014. It has...
2028 Republican Presidential Candidates: Everything You Need to Know Before Betting on Prediction Markets
The election is over, and Donald Trump is headed back to the White House on Jan. 20, 2025.While Democrats regroup...
Matt Gaetz Out, Pam Bondi In: The Turbulent Path to Trump’s AG Pick
On Thursday, Nov. 21, former Florida Rep. Matt Gaetz withdrew from the nomination process to become Donald Trump’s attorney general. Gaetz’s...
Trump’s Cabinet Picks Even Surprised Prediction Markets. Here’s Where They Stand Now
President-elect Donald Trump’s Cabinet picks have included both predictable choices and complete surprises. Some of those surprises have been lucrative...
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