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CNBC Business • May 10, 2025
Online bettors spent over $40 million gambling on the identity of the next pope—one winner made $52,...
Participants in prediction markets collectively wagered upwards of $40 million betting on the election of the new pope, resulting in at least one individual earning a $52,000 payou...
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CNBC Business • May 05, 2025
U.S. commodities regulator seeks to drop appeal of Kalshi election bets offers
The decision by the U.S. commodities watchdog to discontinue its challenge regarding Kalshi's election-related betting products could impact market operations and investor confiden...
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