Prediction markets like Kalshi beat pollsters in forecasting the 2024 US election. Mansour now says financial marketplaces ...

Following Donald Trump’s election victory, thousands of bettors anticipate a potential $450 million payout from online ...

Key Takeaways Shayne Coplan, the CEO of Polymarket, a blockchain-powered prediction market, said the outcome of Tuesday's ...

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

As far as winners go, Trump wasn’t the only one emerging victorious on Election Day, with predictions markets seemingly ...

In general, markets gave shorter odds to Donald Trump, who won comfortably, than would have been implied by the neck-and-neck ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Kalshi has rolled out more contracts for betting on United States political events in a bid to keep engagement high after the ...

The prediction markets like Kalshi and Polymarket accurately foresaw Donald Trump's victory in the U.S. presidential election ...

On the day of the U.S. presidential election, prediction platforms Kalshi and Polymarket reached unprecedented rankings on the Apple App Store.

There are different metrics for when a president has officially won the contest. Polymarket allowed bettors to continue ...

Outside of the actual poll result, I suspect the 2024 US election will be remembered for two things: the new influence of bloggers; and the importance of prediction markets.