Add Yahoo as a preferred source to see more of our stories on Google. The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City By Niket ...

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 ...

When the Denver Broncos played the Cincinnati Bengals in September, prediction market Kalshi let you bet on whether Broncos quarterback Bo Nix and wide receiver Courtland Sutton would score touchdowns ...

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

Fantasy and sports betting operator Underdog has launched sports event contracts, becoming the first business in the fantasy or traditional sportsbook world to do so, through a partnership with Crypto ...

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 ...

Prediction market Kalshi has taken another step into sports-linked trading. The New York company recently self-certified a new set of event contracts with the U.S. Commodity Futures Trading Commission ...

The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though ...

Forbes contributors publish independent expert analyses and insights. I write about legal issues in sports and gambling. Rule 40.11(a)(1) imposes a blanket ban on all event contracts involving “gaming ...