A state that’s long opposed legal sports betting is now going after prediction markets. HB 2198 would make prediction markets that offer contracts on real-world events illegal in Hawaii. Hawaii is one ...

Coinbase Global is getting into prediction markets in a bid to become a one-stop exchange for Americans’ trading needs, the latest sign that tech platforms offering wagers on real-world events are ...

Betting on virtually any event that has two or more outcomes. One of the first online prediction venues was the Hollywood Stock Exchange in 1996, which used simulated money to buy and sell predictions ...