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A sign of Fort Bragg is seen in Fayetteville, North Carolina

Nation Apr 23

U.S. soldier charged with using classified intel to win more than $400K in bet on Maduro raid

By Hallie Golden, Associated Press

Politics Apr 23

Illustration shows Polymarket logo
Trump's threats against Iran are a boon for prediction markets, including some backed by his son

Traders flocked to Polymarket this month to bet on whether Trump really was going bomb Iran back to the Stone Age or just call a ceasefire.

By Bernard Condon, Associated Press

Economy Apr 12

Mural depicting the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini and the late Supreme Leader of Iran ...
Iran war puts prediction markets back in the spotlight

Prediction markets let people wager on just about anything — from basketball games to elections. And among more jarring bets recently, the fate of the U.S. and Israel’s war against Iran.

By Wyatte Grantham-Philips, Associated Press

Politics Apr 03

Washington Daily Life
Federal government sues three states for trying to regulate prediction markets

All three states have sent cease and desist orders to such companies accusing them of engaging in illegal online gambling under state law.

By Susan Haigh, Associated Press

Politics Mar 31

Markwayne Mullin swearing-in as DHS Secretary at the White House in Washington
Watch 7:12
Prediction markets, pardons spark questions over who's profiting from Trump's presidency

The Pentagon is denying a report by The Financial Times that Defense Secretary Hegseth’s stockbroker was seeking to make large investments in major defense companies in the days before the U.S. and Israel struck Iran. That report is raising more…

By Liz Landers, Doug Adams

Feb 19

Watch 7:30
Why prediction markets are thriving – and facing scrutiny

By Paul Solman, Diane Lincoln Estes

Platforms that let you bet on the outcomes of future events have seen explosive growth recently. Economics correspondent Paul Solman explains how these prediction markets work and why they’re so popular and controversial.

Continue watching

Feb 17

Trump administration backs Kalshi and Polymarket as states move to ban prediction markets

By Ken Sweet, Associated Press

The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a critical legal battle between the growing prediction market industry and states that wish to ban these platforms.

Continue reading

Jan 12

A $400,000 payout after Maduro's capture put prediction markets in the spotlight. Here's how they work

By Wyatte Grantham-Philips, Associated Press

The commercial use of prediction markets has skyrocketed in recent years, opening the door for people to wage their money on the likelihood of a growing list of future events. But despite some eye-catching windfalls, traders still lose money everyday.

Continue reading

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Full Episode
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