Prediction Markets news
Read verified news on BetaVoices covering Prediction Markets, with reporting, context, and related developments.
Prediction markets
Why prediction markets are drawing young men — and raising warnings
CBS News reports that young men are driving much of the activity on platforms such as Kalshi and Polymarket, where quick gains can be followed by steep losses
Prediction markets
Google Insider Trading Case Puts Polymarket Under New Scrutiny
Federal prosecutors accuse software engineer Michele Spagnuolo of using confidential Google search data to make more than $1.2 million in prediction-market profits
Prediction markets
New York Times Flags Unusual Long-Shot Wins on Polymarket
The examination says dozens of bets tied to events including the war with Iran and cryptocurrency markets beat steep odds, raising questions about perfect timing and big payouts
Derby betting
Why prediction markets are sitting out the Kentucky Derby
Churchill Downs’ CEO says horse-racing wagers require track permission, and the Derby’s owners are not interested in cutting a deal with prediction platforms
Federal court
Soldier pleads not guilty in Maduro prediction-market case
Prosecutors say Gannon Ken Van Dyke used classified information about a January operation to place Polymarket bets that paid more than $400,000