Prediction markets, platforms where people bet against one another on the outcomes of real-world events, are growing rapidly. The likes of Polymarket and Kalshi now collectively handle billions of dollars in bets every week. These markets have blurred the lines between gambling and trading, and their growth has been helped by a relaxed regulatory environment under US President Donald Trump. Our digital finance reporter Emily Nicolle joins Stephen Carroll to discuss.

<p>Prediction markets, platforms where people bet against one another on the outcomes of real-world events, are growing rapidly. The likes of Polymarket and Kalshi now collectively handle billions of dollars in bets every week. These markets have blurred the lines between gambling and trading, and their growth has been helped by a relaxed regulatory environment under US President Donald Trump. Our digital finance reporter Emily Nicolle joins Stephen Carroll to discuss.</p>

Here's Why: Where we explain one news story in just a few minutes with help from our experts at Bloomberg. 

<p>Here's Why: Where we explain one news story in just a few minutes with help from our experts at Bloomberg.&nbsp;</p>

Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide company and industry research.

Here's Why

Here's Why Prediction Markets Are The World's Casino

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