homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

May 1, 2026

Prediction markets: are they different from sports betting?

  • The rapid growth of prediction markets has sparked a high-stakes debate that is playing out in courts and legislatures all over the country.
    • By JAY COHEN and CORA LEWIS
    Associated Press

    The soccer coach had blocked himself from sportsbooks by the time he found prediction markets.

    The tax accountant said he “got the same high” on those platforms that he got from gambling. “That was how I relapsed — with Kalshi and Polymarket. I lost a bunch of money.”


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.