The NEXTPredict conference, held in New York from October 22nd to 23rd, brought together major prediction market exchanges, trading firms, and policymakers. JB Mackenzie, Vice President at Robinhood, stated that prediction markets have expanded from elections to politics, sports, economics, and finance, with Bitcoin, crude oil, and gold contracts being the fastest-growing categories. Additionally, former NBC News Political Director Chuck Todd believes that prediction markets can serve as "fact-checkers" for journalism, as financial incentives can improve prediction accuracy. However, Polymarket's prediction failure in the Brazilian presidential runoff was attributed by experts to Brazil's ban on prediction markets.