Prediction Markets Chip Away at Sports Betting’s Territory

Prediction Markets Chip Away at Sports Betting’s Territory

Sports-related bets on Kalshi are now generating estimated annualized revenues of roughly $1.3 billion. As the Financial Times (FT) reported Saturday (Feb. 14), that figure is nearly a quarter of the total sportsbook revenue for betting giant DraftKings and s…

Sports-related bets on Kalshi are now generating estimated annualized revenues of roughly $1.3 billion.As the Financial Times (FT) reported Saturday (Feb. 14), that figure is nearly a quarter of the … [+2549 chars]

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