Prediction markets are omnipresent these days, but one thing you won’t find listed at Kalshi or Polymarket is horse racing. Despite the booming rise of sports event contracts over the past year, horse ...

The Run for the Roses is a month away, but a major horse racing group doesn’t want to see any Kentucky Derby-related event contracts offered by prediction markets. Don’t even go there. That’s arguably ...

Churchill Downs Inc. officials in the final week of February delivered a "Don't tread on me," message to prediction markets. A similar message is expected this first week of March at a National ...

While there was some talk of a potential beneficial agreement down the line, for now an expert panel's consensus on prediction markets is that the industry should protect itself through a unified ...