Prediction market PredictIt, which started out as an academic platform focused on political forecasts, is preparing to launch a new exchange after getting the nod from the Commodities Futures Trading ...

Election betting platform PredictIt must shut down for U.S. users in February, according to an order from the Commodity Futures Trading Commission. The CFTC said the operators haven’t complied with ...

Prediction markets are moving into the mainstream, giving investors a new way to watch crowd expectations – and a risky way ...

PredictIt’s operating company, Aristotle, is now licensed to operate an exchange and clearinghouse. The company’s applications had been under review since 2021. PredictIt won a lawsuit against the ...

The recently announced settlement between the Commodity Futures Trading Commission (CFTC) and PredictIt may be a sign that the new administration is ready to loosen regulations for prediction market ...

In 2016, Jason Pipkin was working in a biology lab at Brandeis University, authoring papers with titles such as “Mapping the mind of a fly,” when he first heard of PredictIt. It is a website where you ...

Presidential election prediction markets continue to tilt in favor of Vice President Kamala Harris, whose odds have overtaken former President Donald Trump on one betting site for the first time in ...

PredictIt, one of the original US politics-betting platforms, said it reached a new agreement with the Commodity Futures Trading Commission to allow it expand its operations. The new agreement with ...