Prediction markets are booming. Some lawmakers are betting against them.

Tech Insider : Politics, Business, Sports
Sen. Chris Murphy of Connecticut
Sen. Chris Murphy of Connecticut is among the lawmakers sounding a note of deep skepticism about prediction markets.

Nathan Posner/Anadolu via Getty Images

The dueling 'free grocery' stunts from Polymarket and Kalshi in NYC

Tech Insider : Economy, Business
A rendering of what Polymarket says will be a free grocery pop-up in New York.
A rendering of what Polymarket says will be a free grocery pop-up in New York.

Polymarket

The sole federal regulator over prediction markets says it's easing off

Tech Insider : Business, Crypto, Sports
CFTC chairman Michael Selig, wearing glasses in a blue suit, speaking into a microphone.
CFTC chairman Michael Selig

Andrew Harnik/Getty Images

Prediction markets group begins 7-figure PR blitz after suspicious Maduro trade sparks insider-trading concerns

Tech Insider : Business, Sports
Kalshi billboard in Manhattan
The Coalition for Prediction Markets' members include platforms such as Kalshi, Coinbase, and Robinhood.

AP Photo/Olga Fedorova

How hedge funds are tapping prediction markets and their data for an edge

Tech Insider : Business, Sports
Polymarket CEO Shayne Coplan said the company has been cleared for a US launch.
Polymarket CEO Shayne Coplan said the company has been cleared for a US launch.

Eugene Gologursky/Getty Images for The New York Times

You can bet on how much snow will fall in New York City this weekend

Tech Insider : Business, Sports, Travel
Two men return to their home after buying shovels from a store in Silver Spring, Maryland, on February 6, 2010. A blizzard packing strong winds and heavy snowfall pounded the US capital and surrounding areas on February 6, killing at least two people and paralyzing parts of the region.

Jeff Bezos accuses Polymarket of fabricating quote about 'real world jobs like McDonalds or Palantir'

Tech Insider : Business
Amazon founder Jeff Bezos
Bezos wrote on X that he was "not sure" why the prediction market platform "made this up."

Stefano Guidi/Getty Images

Polymarket CEO takes a victory lap after prediction market correctly calls 26/28 Golden Globe winners

Tech Insider : Business, Sports
Polymarket CEO Shayne Coplan
Polymarket CEO Shayne Coplan

Kevin Winter/GA/The Hollywood Reporter via Getty Images

Here's who will win a Golden Globe, according to Polymarket

Tech Insider : Business, Sports
Preview of Timothee Chalamet, Rose Bryne, and Michael B. Jordan
The 83rd Golden Globe Awards air on Sunday. Timothée Chalamet, Rose Byrne, and Michael B. Jordan are nominated for acting awards.

Taylor Hill/Dia Dipasupil/Daniele Venturelli

A well-timed Maduro bet on Polymarket paid out big. A new bill would keep government insiders out.

Tech Insider : Politics, Economy, Business
Rep. Ritchie Torres
Rep. Ritchie Torres

Alex Wong/Getty Images

Subscribe to Polymarket