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A laptop screen displays trades on the Kalshi website, April 16, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File)

The world needs prediction markets

By Stephen Moore

A laptop screen displays trades on the Kalshi website, April 16, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File)

Bettors vs. ballots: Prediction markets correctly bet on Democratic sweep

By Mary McCue Bell - The Washington Times

A phone displays sports trades on Polymarket, April 16, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File)

Polymarket paused international trading after a security issue involving a third-party provider

By Kaitlyn Huamani - Associated Press

FILE - A Kalshi advertisement is displayed at Oracle Park during a baseball game between the San Francisco Giants and the St. Louis Cardinals, Tuesday, Sept. 8, 2026, in San Francisco. (AP Photo/Jeff Chiu, File)

NBA strikes deals with prediction markets, with eye on integrity and regulations

By Tim Reynolds - Associated Press

The prediction market app Polymarket is displayed on a mobile phone, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, File)

Polymarket removes contract allowing users to wager on fate of Cornell students accused of rape

By Jay Cohen - Associated Press

A laptop screen displays trades on the Kalshi website, April 16, 2026, in Portland, Ore. (AP Photo/Jenny Kane, File)

New York sues prediction market Polymarket, calling it an unlicensed gambling operation

Associated Press

An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington on April 1, 2026. (AP Photo/Allison Robbert) **FILE**

Minnesota’s first-in-the-nation law banning prediction markets is halted in federal court

By Marc Levy - Associated Press

FILE - The prediction market app Polymarket is displayed on a mobile phone, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, File)

Polymarket is in a high-stakes race to win back trust as it recommits to the U.S. market

By Ken Sweet - Associated Press

Then-Rep. George Santos, R-N.Y., talks to reporters as House Republicans hold a caucus meeting at the Capitol in Washington, Oct. 13, 2023. (AP Photo/Mariam Zuhaib, File)

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

By Jake Offenhartz - Associated Press

FILE - The Polymarket prediction market website is displayed on a computer screen, Jan. 11, 2026, in New York. (AP Photo/Wyatte Grantham-Philips, File)

Google employee charged in use of insider info to make money on Polymarket

By Brad Matthews - The Washington Times

An advertisement for prediction market platform Kalshi hangs at 13th and L Streets in northwest Washington, April 1, 2026. (AP Photo/Allison Robbert) ** FILE **

Wanna bet? Washington steps up scrutiny of prediction markets

By Steven Sloan and Ken Sweet - Associated Press

Government supporters gather to mark the 40th day since the death of Supreme Leader Ayatollah Ali Khamenei in Tehran, Iran, Thursday, April 9, 2026. (AP Photo/Vahid Salemi)

Prediction markets are back in the spotlight, this time because of the war in Iran

By Wyatte Grantham-Philips - Associated Press

A crew assembles the Polymarket 'Situation Room' pop-up bar at Proper 21 on K Street, Thursday, March 19, 2026, in Washington. (AP Photo/Allison Robbert)

Federal government sues three states over their regulation of prediction markets

By Susan Haigh - Associated Press

Retirement and financial investments illustration by Alexander Hunter/The Washington Times

Prediction markets mislead older Americans

By Saul Anuzis

FILE - Arizona Attorney General Kris Mayes speaks at the Arizona State Prison, March 19, 2025, in Florence, Ariz. (AP Photo/Darryl Webb, File)

Kalshi and Polymarket rush to ban insider trading as senators move to curb prediction markets

By Ken Sweet - Associated Press

FILE - Major League Baseball commissioner Rob Manfred speaks during a news conference, June 29, 2019, in London. (AP Photo/Tim Ireland, file)

MLB partners with Polymarket, makes integrity pact with federal commission on prediction markets

Associated Press

The FBI seal is pictured in Omaha, Neb., Aug. 10, 2022. (AP Photo/Charlie Neibergall, File)

FBI raids home of CEO of betting site Polymarket

By Brad Matthews - The Washington Times