prediction markets – Charm

The past year has seen a new surge in activity on prediction markets, with “event contracts” traded on digital platforms.

Checks and Balance newsletter: The danger of prediction markets

Cs news4 weeks ago08 mins

This is the introduction to Checks and Balance, a weekly, subscriber-only newsletter in which our writers turn their gaze to the latest political developments in America. The past year has seen a new surge in activity on prediction markets, with “event contracts” traded on digital platforms. Sign up to Checks and Balance here. I am not…

Robinhood Shares Climb 12% on Growth in Prediction-Market Trades

Cs news5 months ago5 months ago02 mins

(Bloomberg) — Robinhood Markets Inc. shares rose over 12% after Chief Executive Officer Vladimir Tenev said the online-stock brokerage has made strong inroads into prediction markets, where people wager on elections, sporting matches and other widely followed events. The executive said in a post on X on Monday that Robinhood customers have now transacted more…