PredictionPro

News

Churchill Downs employees Corey McGreal and Todd Herl work to update the iconic green Kentucky Derby sign above the Grandstand to reflect the 152nd Running of the Kentucky Derby. April 1, 2026.

NTRA vs. CFTC: The Legal Battle Over Kentucky Derby Prediction Markets

With the Kentucky Derby just weeks away, there has been controversy between the NTRA and the CFTC in regard to prediction markets. The National Thoroughbred Racing Association (NTRA) is claiming…

April 16, 2026
prediction-markets-future

The Future of Prediction Markets: A Trillion-Dollar Boom?

Prediction markets are poised for tremendous growth in the coming years, as highlighted by analysts from the investment bank Bernstein. These markets, where people trade contracts based on the outcomes…

April 15, 2026

Sports Prediction Markets Continue to Thrive

Prediction markets have become a hot topic in recent years, largely due to their increasing popularity during major sporting events. Platforms like Kalshi and Polymarket are at the forefront, with…

April 14, 2026
Supreme Court nominee Brett Kavanaugh and Sen. Lindsey Graham (R-SC), right, pose for the media in Graham's Russell Senate office before meeting on Capitol Hill in 2018. Former Sen. Jon Kyl (R-AZ), left, was escorting the nominee around Capitol Hill.

Michael Selig, Trump-era Wall Street Regulator, Fights for Prediction Markets

Michael Selig, the Chairman of the Commodity Futures Trading Commission, is fighting to keep prediction markets within the CFTC. Selig, a Wall Street Regulator, is going to bat against lawmakers,…

April 14, 2026

Robinhood Draws Line on Prediction Markets

Robinhood Markets (NASDAQ: HOOD) is taking a curated approach to prediction markets, deliberately choosing not to offer certain event contracts to its customers amid growing concern about insider trading and…

April 14, 2026
Nov 15, 2023; Washington, DC, USA; Congressman Eric Swalwell (D-CA) and Congressman Lou Correa (D-CA) during the “Worldwide Threats to the Homeland” hearing by the House Committee on Homeland Security on Wednesday, Nov. 15, 2023.

California Governor’s Race: Polls vs Prediction Markets

Coverage of the 2026 California gubernatorial election is intensifying. Also known as the Governor’s Race, this high-stakes election will determine California’s next governor. The non-partisan top-two primary will take place…

April 13, 2026
white-house-insider-trading-e-mail Pictured: White House South Lawn

How Prediction Markets Became Washington’s Newest Ethics Crisis

When the White House Management Office sent a quiet email to staff on March 24 warning them not to wager on prediction market platforms using insider knowledge, it was more…

April 13, 2026
masters-tournament-kalshi Pictured: Rory McIlRoy

Masters Winner Prediction Market Clears $250 Million in Volume at Kalshi

Trading on the Masters winner is pulling in big numbers at Kalshi. As of 2:30 p.m. ET Friday, with a few hours still remaining in the second round, volume on…

April 10, 2026
democratic-nominee Pictured: Gavin Newsom

The $1 Billion Market Predicting the 2028 Democratic Nominee

The race to determine the 48th President of the United States is already sending ripples through today’s political landscape. The path to the White House is wide open, sparking intense…

April 10, 2026
sportsbooks-vs-prediction-markets-kalshi

Kalshi CEO on Difference Between Sportsbooks and Prediction Markets

As scrutiny continues to increase and legal battles surrounding prediction markets are seemingly multiplying, Kalshi CEO Tarek Mansour went on The Axios Show to discuss some key differences, in his…

April 9, 2026