Prediction markets could trade a trillion dollars in volume annually by the end of this decade, according to Eilers & Krejcik. Sports is fueling the growth and is forecasted to make up 44% of volume ...
Prediction markets like Kalshi, which some liken to legalized gambling, allow investors to bet on reality. How do they work and why are they so controversial?
Ms. Scanlon is the author of “In This Economy? How Money & Markets Really Work” and Kyla’s Newsletter. Prediction markets have exploded into mainstream American life. Platforms like Polymarket and ...
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Prediction markets have taken the U.S. by storm with over $50 billion in trading ...
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