{"id":35204,"date":"2026-04-29T14:49:48","date_gmt":"2026-04-29T18:49:48","guid":{"rendered":"https:\/\/poole.ncsu.edu\/thought-leadership\/?page_id=35204"},"modified":"2026-04-29T14:49:51","modified_gmt":"2026-04-29T18:49:51","slug":"inside-prediction-markets","status":"publish","type":"page","link":"https:\/\/poole.ncsu.edu\/thought-leadership\/inside-prediction-markets\/","title":{"rendered":"Inside Prediction Markets"},"content":{"rendered":"\n\n\n\n
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Expert analysis from poole<\/h2>\n <\/div>\n
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\n \"a\n <\/div>\n <\/div>\n \n
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\n Finance<\/span>\n <\/p>\n \n

Explainer: Insider Trading and Prediction Markets<\/h3>\n \n\n \n\t \t

Insider trading is hard to prove in the securities sector and harder to apply to prediction markets, Poole scholars write.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n

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\n \"Polymarket\n <\/div>\n <\/div>\n \n
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\n Accounting<\/span>\n <\/p>\n \n

Prediction Markets vs. States: Tax Gaps and Legal Battles<\/h3>\n \n\n \n\t \t

Prediction markets function similarly to gambling apps and websites. But a regulatory wrinkle means they’re taxed very differently. <\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n

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\n \"A\n <\/div>\n <\/div>\n \n
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\n Issues and Insights<\/span>\n <\/p>\n \n

Prediction Markets and the Economics of Belief<\/h3>\n \n\n \n\t \t

Prediction markets inform and entertain. Poole scholar Richard Warr explains how they work and what they mean to the economy.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n\n\n

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More insights<\/h2>\n <\/div>\n
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\n April 28, 2026<\/span>\n <\/p>\n \n

WRAL Interviews Richard Warr About Insider Trading on Prediction Markets<\/h3>\n \n\n \n\t \t

The Poole finance expert explained issues with regulation and reputation on sites like Polymarket and Kalshi.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n April 28, 2026<\/span>\n <\/p>\n \n

Richard Warr Explains Prediction Market Problems for WRAL<\/h3>\n \n\n \n\t \t

The Poole finance expert discusses the issue after a solider was charged with using classified information to profit on Polymarket.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n April 27, 2026<\/span>\n <\/p>\n \n

Nathan Goldman Discusses Prediction Markets on Spectrum News 1<\/h3>\n \n\n \n\t \t

The Poole accounting professor talked about the rise of prediction markets, how they can be manipulated and how Congress can intervene.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n April 27, 2026<\/span>\n <\/p>\n \n

Richard Warr Weighs in on Prediction Market Regulation for the AP<\/h3>\n \n\n \n\t \t

The Poole College finance expert says that regulations take time to catch up to new industries like modern prediction markets.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n April 15, 2026<\/span>\n <\/p>\n \n

Richard Warr Explains Prediction Market Insider Trading for Money Magazine<\/h3>\n \n\n \n\t \t

The Poole College finance expert states that, as of now, insider trading is more common in prediction markets than the stock market.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n March 12, 2026<\/span>\n <\/p>\n \n

Explainer: Insider Trading and Prediction Markets<\/h3>\n \n\n \n\t \t

Insider trading is hard to prove in the securities sector and harder to apply to prediction markets, Poole scholars write.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n March 11, 2026<\/span>\n <\/p>\n \n

Richard Warr Comments on Prediction ‘Death Markets’ for CNN<\/h3>\n \n\n \n\t \t

The Poole associate dean and finance professor argues prediction markets have an ethical responsibility to their users.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n \n \n

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\n February 21, 2026<\/span>\n <\/p>\n \n

Richard Warr Discusses Nevada Kalshi Lawsuit with The Center Square<\/h3>\n \n\n \n\t \t

The Poole finance expert explains why states are suing prediction markets.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/svg><\/span><\/p>\n\t \t \n <\/div>\n\n <\/a>\n\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":50146,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"source":"","ncst_custom_author":"","ncst_show_custom_author":false,"ncst_dynamicHeaderBlockName":"ncst\/split-header","ncst_dynamicHeaderData":"{\"backgroundColor\":\"custombg_one\",\"imageID\":34949,\"imageURL\":\"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-content\/uploads\/sites\/423\/2026\/03\/PTL_insider_prediction.jpg\",\"imageAlt\":\"a hand behind a line going up and down on a chart\",\"pageIntro\":\"How do they work? How are they taxed and regulated? Poole scholars explain.\"}","ncst_content_audit_freq":"","ncst_content_audit_date":"","ncst_content_audit_display":false,"ncst_backToTopFlag":"","footnotes":""},"class_list":["post-35204","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/pages\/35204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/users\/50146"}],"replies":[{"embeddable":true,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/comments?post=35204"}],"version-history":[{"count":2,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/pages\/35204\/revisions"}],"predecessor-version":[{"id":35222,"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/pages\/35204\/revisions\/35222"}],"wp:attachment":[{"href":"https:\/\/poole.ncsu.edu\/thought-leadership\/wp-json\/wp\/v2\/media?parent=35204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}