As prediction markets rise in popularity and notoriety, several news outlets have recently engaged in partnerships with the most prominent of these companies, raising questions about how and why media organizations would want to become entangled with an industry essentially predicated on gambling. Depending on who you ask, these relationships could be ultimately benign—or they could become yet…

Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […]

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