A sprawling legal battle between state regulators and sites like Kalshi is heating up ahead of the midterm elections.

A few days before the first round of Los Angeles’s mayoral primary, Kalshi and Polymarket gave reality TV star Spencer Pratt a 75 percent chance of advancing to the general election. Kalshi published ...

The site claims its hub will provide accurate insights into election outcomes based on traders' bets.

Kalshi launched a new online hub Wednesday for midterm election forecasting, displaying prediction market odds for major ...

More than half of U.S. states have some sort of anti-election betting law in place, per a Pew analysis, despite it being declared federally legal in 2024.

Eric Swalwell has made a habit of posting and sending out screenshots of his betting odds in the race for California governor ...

The Economist’s model of America’s congressional elections estimates both major parties’ chances of winning each House and Senate race, and of controlling each legislative chamber. The forecast ...

What are prediction markets and how do they actually work? We break down the basics, explain how odds translate to prices and cover the top platforms trading now.

(The Hill) – Prediction market users have wagered in excess of $197 million on midterm election results, according to NBC News. The outlet analyzed 1,408 open markets on Kalshi and Polymarket for its ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...