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How polling failures, gambling legalization and political gridlock paved the way for the explosive rise of prediction markets

  • Written by Parker Bach, PhD Student in Media and Communication, University of North Carolina at Chapel Hill
How polling failures, gambling legalization and political gridlock paved the way for the explosive rise of prediction marketsAt their best, prediction markets aggregate collective intelligence to weigh the likelihood of future events.Fairfax Media/Getty Images

Though prediction markets have been legal in the U.S. for less than 18 months, they can’t stop making news and making money.

On prediction markets such as Kalshi and Polymarket, users can stake real money on...

Work-life Balance Key to Solving Construction Talent Shortage

New data from leading talent company Randstad Australia shows flexible working and work-life balance could be critical to addressing ongoing talen...

How to Apply for More Jobs in Less Time Using AI Automation

Most job seekers spend 11 to 14 hours per week on applications and still hear nothing back. That's not a motivation problem. That's a process proble...

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

The narrative around changing attitudes to car ownership has long focused on Gen Z. Younger Australians are often portrayed as the generation movi...

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Launchd, Australia's leading talent-first creator economy group, has acquired WeAreTENZING, one of New Zealand's most respected talent agencies, b...

Time to punch above our weight and stop shadowboxing on AI

Australia prides itself on being an innovation economy. We celebrate startups, talk about productivity, and lean into our reputation for punching ...

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...