The CFTC is suing popular betting site Intrade. And now Intrade is telling its customers to start shutting down their accounts. From Intrade (via TPM): ATTENTION U.S ...

Sunday, Irish betting site InTrade announced on its website that all trading was being halted. The language is very ominous. It's unclear if there will ever be trading again. The site was ...

WASHINGTON U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on ...

The online betting market Intrade has shut down. Intrade allowed customers to wager on the outcome of events such as presidential elections. The company says all betting is on hold until it can ...

Prediction market Intrade, which allows spectators to bet on subjects ranging from entertainment to elections, said on Monday it will no longer accept U.S. customers because of what it called legal ...

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Intrade, the prediction website that accepted bids on, among other things, the result of the presidential election, is shutting its operations to U.S. customers. The move came Monday just hours after ...

Can the power of markets help us predict the balance of power? Yes - if the federal government does not forbid it. Just as people wanted to know where Hurricane Sandy would hit, or how flu vaccines ...

UPDATE: Intrade announced Monday evening that it would be closing its site to U.S. bettors due to "legal and regulatory pressures." Current customers have until Dec. 23 to close out existing ...

Economists love prediction markets like Intrade. But the U.S. government has long been skeptical of such sites. Is it time for that change? That question popped up again this week after federal ...