IG Group agreed to acquire Underdog for up to $1.3 billion, a deal aimed at sharply expanding its US prediction markets ...

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The New York Mets have signed a marketing deal with Novig, becoming the first MLB franchise to partner with a prediction ...

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Robinhood projects market-making revenue from prediction markets will top revenue from equities and crypto for the first time ...

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A report says Kalshi is allowing bets on flight cancellations at JFK as travel disruption and air traffic staffing concerns ...

In a recent op-ed, CFTC Chairman Michael Selig disputed a Wall Street Journal columnist’s characterization of prediction markets as merely low-friction gambling. Selig wrote that the column “distorts ...