In 2022, a new financial asset hit the market: event contracts. Launched by groups like Kalshi and the Chicago Mercantile Exchange (CME), these contracts let investors trade predictions, not assets.

Dan Berkovitz said event contracts should be for hedging or price discovery and is unsure if sports contracts meet Commodity ...

The CFTC has proposed new rules that would restrict what Kalshi, Polymarket, and other prediction markets are allowed to offer.

FanDuel will accept sports event contracts later this year, bringing the U.S. online gambling market share leader into a growing prediction market space in a move that could alter the nascent ...

Robinhood has officially entered the world of prediction markets, adding to its wide range of investing options for customers. Through its Robinhood Derivatives platform, the company now offers event ...

Democratic lawmakers are questioning whether the White House subverted contracting rules to award Event Strategies Inc. millions in federal contracts.

Kalshi has expanded its combo event contracts, boosting parlay-style payouts and its first-mover advantage as sportsbooks race to catch up amid legal scrutiny. Kalshi expanded its combo event ...