Amid a rise in online bets being made in the wake of the ongoing war between the United States and Iran, alarm bells are now ringing inside the White House, with several officials under scrutiny. Marine One, carrying U.S. President Donald Trump, departs from the Ellipse in front of the White House as construction on…
The legality of prediction markets in Hong Kong has been called further into question, with at least one international brokerage firm operating such a platform in the city, prompting the market regulator to say certain activities may be considered “financial products”. Lawyers were also split on whether the delineation between financial products and illegal gambling…
Prediction markets occupy a grey area under Hong Kong’s gambling laws, with experts warning that the increasingly popular betting platforms could pose risks related to market manipulation and consumer protection. Lawyers and a legislator said that while a ban could restrict access to these largely unregulated betting platforms, authorities would face challenges in gathering evidence…
Good morning. Fortune’s newest Most Powerful Women list is out and there are some familiar tech faces on it, including AMD’s Lisa Su, Alphabet’s Ruth Porat, Huawei’s Meng Wanzhou, and Anthropic’s Daniela Amodei. Among this year’s notably ascendant? Meta’s new president Dina Powell McCormick, who leaps 19 spots to No. 58. As colleague Ellie Austin…
Every song in the 2026 Eurovision competition has been released, and one country has emerged as the frontrunner among the 35 entries. This year, the 70th edition of the popular Eurovision Song Contest will be held in Vienna, Austria at the Wiener Stadthalle stadium, which hosted the competition in 2015. The first semi-final will take…
Prediction market platforms offering diverse gambling options and attractive odds are surging in popularity, observers have said, warning about payout risks amid Hong Kong authorities halting plans to legalise basketball betting. They also said on Tuesday that Hong Kong residents who took part in these platforms, which use cryptocurrency for transactions, could be breaking gambling…
The mighty Zambezi River has its source in northern Zambia, and flows north, west, south, then east, tracing borders for several countries including Zimbabwe. As the river enters Zimbabwe, the water molecules begin to flow faster, unknowingly energised – developing first into a rush, then eventually a torrent as they plunge down the Victoria Falls….
Many are betting on who will be the new James Bond, as the next 007 movie is already on its way from Amazon MGM Studios. Several stars are rumored to be in the running, and the pool of potential actors for the role are quite different than what they were only a few years ago….
Bitcoin price has traded mostly flat over the past 24 hours near $68,000, reflecting continued indecision. The broader seven-day trend still shows a mild decline, highlighting the lack of strong bullish momentum. Yet one prediction market’s positioning is telling a far more optimistic story. On Polymarket, the single largest February outcome, at 17%, expects Bitcoin…
Kalshi and Polymarket, the world’s most popular prediction market operators, got a gift from South Park on Wednesday night: an episode devoted to their bet-on-everything product that specifically name drops their brands. Even though some of the jokes cut deep, referencing criticisms of their business models, CEOs of Kalshi and Polymarket both publicly embraced the…