Prediction markets are financial exchanges that allow people to trade on the outcomes of future events, from election results to baseball games to the subject of an Elon Musk tweet. Part forecasting ...

The gambling industry has been actively voicing its concern about the encroachment of prediction markets on sports betting. Critics say prediction markets are little more but sports betting with some ...

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 ...

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 ...