DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...

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The SEC earlier this year dropped its appeal against Ripple, a fintech company that uses XRP to facilitate fast and cheap cross-border transactions. Ripple CEO Brad Garlinghouse estimates that the XRP ...

Forbes contributors publish independent expert analyses and insights. I’m a business reporter and the founder of Vivid Minds. "Prediction markets… do a very, very good job at distilling information ...

Prediction markets have moved from academic curiosities to regulated financial venues, but the regulatory environment that governs them is still evolving. Wealth management executives now face a new ...

You know that cliché in movies when the camera zooms in on a character who says, “It’s coming,” before someone else dramatically replies, “It’s already here”? Prediction markets are a bit like that in ...

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Prediction markets companies are likely to see their revenues grow by a factor of five to more than $10 billion by 2030, according to analysts at Citizens Financial Group Inc. Companies like Kalshi ...

Forbes contributors publish independent expert analyses and insights. Editiorial fellow at Forbes. Draftkings, which runs one of the biggest sportsbooks in the U.S., has launched a predictions market ...

In 2025, seven years into legalized sports betting, the industry faced some of its biggest challenges yet, rocked by multiple high-profile scandals, embroiled in taxation issues and confronted by a ...

The NFL Week 17 schedule begins with a Christmas Day tripleheader, with the middle matchup seeing the Detroit Lions visiting the Minnesota Vikings. Detroit (8-7) has dropped two in a row and must now ...

The NFC West lead will be on the line when the Los Angeles Rams battle the Seattle Seahawks in a matchup of two of the best teams in the NFL on 'Thursday Night Football.' Los Angeles is coming off a ...