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

Polymarket took in $3.7 billion in action on the Presidential election. U.K.-based Betfair announced a £250 million election ...

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

On ForecastEx LLC, a wholly-owned subsidiary of Interactive Brokers (IBKR), $538 million was wagered on the 2024 presidential election as of Nov. 6, a company spokesperson told MarketWatch.

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

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

The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million in profits on the ...

Users holding Trump contracts stand to receive $1 per contract upon settlement, which could be as early as this week for ...

Thousands who gambled on the U.S. election are looking forward to a potential payout of about $450 million from online ...

The popularity of prediction markets (for gambling on politics) is a new phenomenon in the United States, and who pays out ...

Long prohibited by regulators, U.S. forecasting sites recently won the right to offer bets on national elections—a liberty Trump is unlikely to roll back after the bettors backed him to win.

Prediction markets, exchange-traded markets where participants can bet on the outcomes of future events, failed to provide ...