4 weeks ago
4
Prediction markets have just enjoyed their biggest month on record, with a new report from Macquarie Equity Research estimating that more than $50 billion in trading volume passed through the sector during June alone.
Much of that activity was fuelled by the FIFA World Cup, highlighting just how quickly prediction markets are becoming part of the mainstream betting market.
Kalshi remained the dominant platform, accounting for an estimated $33 billion in monthly trading volume, or around 65% of the market. According to Macquarie, that places the industry on an annualised run rate exceeding $500 billion, with sports contracts now representing roughly half of all activity.
Those figures are remarkable, but they also raise an interesting question.
If prediction markets continue growing at this pace, how long will it be before every major crypto casino wants a piece of the action?
English (US)