As the U.S. heads toward November’s midterm elections, a growing number of investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.

The rapidly growing popularity of prediction markets is sparking worries about the markets’ effects on US politics, where ...

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Sens. Jeff Merkley, D-Ore., Elizabeth Warren, D-Mass., and Rep. Jamie Raskin, D-Md., on Thursday introduced legislation to ban prediction market bets on sports, war, elections and government actions.

The Associated Press today announced that it will provide its U.S. elections results to Kalshi, the world’s largest prediction market. AP will provide Kalshi with its vote count data and race calls ...