Golden Tempo rallies to win historic Kentucky Derby

LOUISVILLE, Ky. — The day before the Kentucky Derby each year is known as Ladies’ Day, with several stakes races for fillies and mares, highlighted by the Kentucky Oaks. The next day, Derby Day, belongs to the boys. Someone forgot to tell Cherie DeVaux. The 44-year-old native of Saratoga Springs, N.Y., made history Saturday as the first…

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Prediction Market Volumes Will Hit $1 Trillion by 2030 as Sports Betting Moderates: Bernstein

In brief Bernstein analysts wrote in a Tuesday note that prediction-market volumes will reach $1 trillion by the end of the decade. They argued that institutional investors will adopt prediction markets as a way to manage risk associated with policy and political events. Currently, Polymarket and Kalshi’s platforms are dominated by sports, which respectively account…

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