The biggest horse race in the country, the Kentucky Derby, takes place Saturday in Louisville. If you’re looking to make a wager on Kalshi, Polymarket or another prediction platform around the event — you’re out of luck. There are no Kentucky Derby event contracts offered on the major prediction platforms, which host contracts on everything…
“Bets Off Act” signage as Representative Greg Casar, a Democrat from Texas, left, and Senator Chris Murphy, a Democrat from Connecticut, speak during a news conference at the US Capitol in Washington, DC, US, on Tuesday, March 17, 2026. Stefani Reynolds | Bloomberg | Getty Images The U.S. Senate on Thursday unanimously passed a rule…
Rep. Seth Moulton, D-Mass., arrives for the House Democrats’ caucus meeting in the Capitol on Thursday, Nov. 15, 2018. Bill Clark | CQ-Roll Call Group | Getty Images A group of House Democrats pressed the Commodity Futures Trading Commission in a letter sent late Monday on why the agency has not cracked down on bets…
Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. Rep. Seth Moulton, D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of…
Rec Room, once known as a promising giant in the world of social gaming, announced It will shut down its platform on Monday, June 1. If you are a fan of this platform or have ever spent time creating or exploring its virtual worlds, this news will probably come as a great shock to you….
Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire, on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton, D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi…
Epic Games is laying off 1,000 employees on Tuesday, according to a company memo posted on Epic. blog. “The decline in Fortnite engagement starting in 2025 means we are spending more than we are earning, and we will have to make bigger cuts to keep the company funded,” Epic Games CEO Tim Sweeney wrote in…
Luana Lopes Lara, co-founder of Kalshi, spends all day thinking about probabilities. Coming out of an elite math degree background and positions at some of the most successful hedge funds in the world, a mindset focused on thinking clearly about potential outcomes comes naturally to her. But the youngest self-made female billionaire ever still had…
The FBI is investigating a hacker who is suspected of publishing several video games containing malware on the popular PC game store Steam. agency said on friday. In its announcement looking for victims who may have been infected, the FBI listed the following games suspected to be developed by the same cybercriminal over the past…
U.S. Sen. Jeff Merkley (D-Ore,) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. Nathan Howard | Reuters Payouts to unnamed bettors after the ouster of former Venezuelan President Nicolás Maduro and the…
