The CEO of Robinhood says the trading platform will push for “regulatory clarity” on event contracts, including those ...

Prediction-market winnings are taxable income, even if platforms don’t send a notice reporting the money to the recipient and ...

The backlash sets the stage for what could be a bruising fight over whether national prediction markets should be allowed ...

Brokerage platform Webull has partnered with the Kalshi prediction market to bring Kalshi’s event contracts to its stock ...

During Wednesday's fourth-quarter earnings call, Robinhood Markets Inc. CEO Vlad Tenev outlined a vision for prediction markets, framing them not just as sports betting tools but as a key pillar of ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

Prediction markets gained wider visibility last fall as people turned to sites like Polymarket, PredictIt, Kalshi, Interactive Brokers and, in the waning days of the race, Robinhood to bet on ...

Prediction markets gained wide visibility last fall as people turned to sites like Polymarket, PredictIt, Kalshi, Interactive Brokers and Robinhood to bet on whether Kamala Harris or Donald Trump ...

Securities increased its price target for Robinhood Markets (NASDAQ:HOOD) shares to $65.00 from the previous target of $60.00, while maintaining an Outperform rating on the stock. The new target ...

Webull collaborates with Kalshi to add event contracts to its platform, as authorities monitor sports-related markets.