Industry

On Sept. 25, Manifold Markets announced that it would begin offering cash prizes. Manifold will designate select markets “sweepstakes questions.”...

Several finance companies have created prediction markets, but traders must hold their contracts to maturity for a chance at a...

On Thursday, Sept. 19, Kalshi and the CFTC argued before the United States Court of Appeals for the District of...

Proponents of prediction markets often highlight markets’ ability to reward unique information. Traders have an edge when they know something...

If a forecast wants to know what a group thinks, setting a number between one and 100 on that belief...

After winning a Sept. 12 District Court case to offer congressional control markets, Kalshi launched them, only to pause trading...

On Thursday, Sept. 12, Kalshi launched its congressional control markets after a court victory that morning. Later that day, Kalshi...

Hours after securing a legal win in a Sept. 12 hearing, Kalshi opened its Senate Control Market at 12:15 p.m....

On Thursday, Sept. 12, the D.C. District Court lifted the administrative stay on Kalshi’s congressional control markets, clearing the way...

On Sept. 6, Kalshi won its lawsuit to offer congressional control markets on its platform. The election markets will allow...