Robinhood already has had incredible success with prediction markets, and now it's going all-in on the business opportunity. Pro and college football contracts saw surging demand the moment Robinhood ...
A gambling research company says prediction markets could become a $1 trillion industry nationwide when fully mature, with $435 billion of that coming from contracts on sports outcomes. The battle ...
Christie, who was the Republican Presidential candidate in 2016 and 2024, and currently serves as a strategic advisor to the American Gaming Association, said unregulated prediction markets are ...
The growth of sports prediction markets like Kalshi and PolyMarket continues amid legal debates and CFTC scrutiny. Over $22 billion was bet in just a year. Donald Trump's aspirin comment stuns doctor ...
NCAA president Charlie Baker says they're willing to work with the Commodity Futures Trading Commission to develop a system that protects student-athletes and consumers from harm. Kevin Dietsch / ...
The CNBC Sport videocast brings you interviews with the biggest names in the business. In this week's episode, CNBC's Contessa Brewer speaks with former New Jersey Gov. Chris Christie. They discuss ...
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Prediction markets have taken the U.S. by storm with over $50 billion in trading ...
Former New Jersey Gov. Chris Christie (R) is warning that the rapid expansion of sports-related prediction markets poses serious legal, economic and ethical risks, as the platforms undermine state law ...
The NCAA is insisting that federal regulators will shut down prediction markets for college sports until further guidelines have been established. NCAA President Charlie Baker told the Commodities ...
Tennessee has become the latest state to square off against prediction market firms. On Jan. 9, the Tennessee Sports Wagering Council sent cease and desist letters to Kalshi, Polymarket, and ...