The CEO of Kalshi says the prediction markets exchange should not be treated as a gambling operation, in part because the U.S ...

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State gambling regulators have begun asserting jurisdiction over these platforms, arguing that event contracts are really “pools,” “bets,” or “wagers” on sporting events, all of which require a sports ...

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The Kansas City Chiefs are the slight -125 favorite to beat the Philadelphia Eagles (+105) for the second time in three years to win their unprecedented third consecutive Super Bowl championship.

In response, investor advocacy group Better Markets called the Super Bowl event contracts "nothing more than a backdoor attempt to allow gambling in regulated financial markets." "The Commodity ...