Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system UK authorities are being urged to intervene after it emerged that the online prediction market Polymarket has been taking thousands of dollars worth of bets over whether HSBC and Lloyds will fail. Polymarket – the US-owned company which holds bets on anything from football matches, to the existence of aliens, to when a bomb drops on a city – has allowed users to take $77,507 (£58,530) worth of positions on whether the world’s biggest banks will go under by the end of this year. Continue reading...

Commodity Futures Trading Commission said Gabriel Perez wagered on Kalshi about words president used in speeches A White House teleprompter operator who left his post amid accusations that he used inside knowledge to make bets on Donald Trump’s speeches on an online prediction market has been fined $172,000, according to federal regulators. Gabriel Perez exploited “material, nonpublic information” that he gathered through his work for the president in order to place wagers on the Kalshi platform “for his personal benefit”, the Commodity Futures Trading Commission (CFTC) maintained in a news release on Friday. Continue reading...

MPs tell regulator they are ‘deeply concerned’ over interim CEO Phil Walker’s roles at William Hill and Game Nation

Screen and AI use are increasingly embedded in children's daily lives. What does the evidence suggest about the benefits, risks and impacts on development?

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Ukraine’s government says its system of rewarding points to troops for successful strikes is ‘delivering results’.

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Ukraine’s government says its system of rewarding points to troops for successful strikes is ‘delivering results’.

Ukraine’s government says its system of rewarding points to troops for successful strikes is ‘delivering results’.

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This paper explores the advent of ‘military gap years’ amidst rising moves in Europe to combat recruitment challenges for armed forces personnel. It situates this debate within the longstanding conne...

The football game's popular Ultimate Team earns it a 16+ rating from age ratings board PEGI.

Gousto

Borough mayor, Councillor Pete Lowe, says Dudley "could not be prouder to celebrate its two heroes".

What would she wear? Who’d be a bridesmaid? Swifties with a hunch and a dollar embrace a new form of fandom

As course closures, shrinking provision and widening regional inequalities threaten the future of UK higher education and research, President of the British Academy, Susan J Smith calls for an immedia...

Fire survivors say “it’s morally reprehensible,” and experts worry the wagering could lead to arson.

Former parliamentary private secretary to Rishi Sunak admits offence relating to betting on date of 2024 election The former Conservative MP Craig Williams, who was parliamentary private secretary to Rishi Sunak, has pleaded guilty at Southwark crown court to cheating at gambling with bets on the date of the 2024 general election. More details soon … Continue reading...

Craig Williams, who was parliamentary private secretary to Mr Sunak, plead guilty at Southwark Crown Court on Monday.

Justiça do DF condena big techs e empresas de games a R$ 298 mi por loot boxes em jogos acessados por crianças e adolescentes no Brasil

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More and more American media outlets are using prediction markets in their reporting despite concerns over manipulation.

Critics say high drop-out rate among under-18 army recruits make it a poor means of tackling youth unemployment

A platform backed by Peter Thiel and advised by Donald Trump Jr. is taking anonymous crypto bets on UK elections, missile strikes and the death of world leaders. In Britain no regulator will touch it,...

The rise of prediction markets where punters bet on current events from the weather to war

Washington should govern prediction markets as if national security were at stake, because it is.

Gannon Ken Van Dyke allegedly made trades on Polymarket on the basis of classified information, the justice department says.

Forecasting service raises alarm over data from Paris airport used to settle Polymarket wagers on temperature French police are investigating alleging tampering with national weather forecasting service equipment after a series of unusual temperature readings coincided with suspicious winning bets made on Polymarket. Data from a Météo-France weather station at Paris’s Charles de Gaulle airport was used to settle bets between online gamblers on what the temperature would be in Paris for March and the first weeks of April. Continue reading...

The prediction market Kalshi suspended three political candidates from its platform on Wednesday for “political insider trading” after an internal probe found that they bet on their own campaigns.

The BBC has found significant spikes in activity shortly before the US president made some announcements.

You can bet on it

The investment bank said volumes will reach an estimated $240 billion in 2026 and grow at a 80% compound annual rate between 2025 and 2030.

A Guardian investigation reveals how the prediction market can shape news – and how it rules on ‘the truth’ “Horekunden” was rapidly losing patience. His frustration was with the Institute for the Study of War, a US thinktank which produces a daily map of the frontline in Ukraine. Continue reading...

Governments worldwide are grappling with the advent of AI and its potential for governance, improving public services and impacts for its citizenry. This provocation outlines these unfolding geogra...

From September, trans girls, and trans young women who volunteer, will have to hand in their memberships Angela has two daughters, aged 13 and 10, who both attend their local Girlguiding group. Like many girls their age, they enthusiastically collect their badges, make new friends and attend the organisation’s large summer jamboree every year. But as of September, Angela’s youngest daughter will have to leave Girlguiding because she is transgender. Continue reading...

US congressman decried bets on when two crew members on the F-15 jet shot down by Iranian forces would be rescued After strong criticism from a federal lawmaker, the online betting platform Polymarket stopped accepting wagers on when US warplane crew members who were shot down in Iran might be rescued. It promised to investigate how the market materialized. The criticism came from Seth Moulton, a Massachusetts Democratic representative who earned two bronze star medals serving with the United States marine corps in Iraq from 2003 to 2008 and published an X post describing Polymarket’s acceptance of bets on the downed pilots’ fate as “DISGUSTING”. Continue reading...