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
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- 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
