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Prediction Markets Hit $68B in a Month as Sportsbook Stocks Sink

News.Bitcoin.com
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Prediction Markets Hit $68B in a Month as Sportsbook Stocks Sink

Trading on sports prediction markets nearly doubled in the month football returned, while shares of the two biggest U.S. sportsbook operators fell to multi-year lows. Kalshi still dominates the market, though rivals are growing faster. A $68 Billion Month Combined notional volume in sports and combo contracts across the exchanges tracked by Aldrin Research rose […]

Key Takeaways

  1. Trading on sports prediction markets nearly doubled in the month football returned, while shares of the two biggest U.S.
  2. sportsbook operators fell to multi-year lows.
  3. Kalshi still dominates the market, though rivals are growing faster.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.