BetMGM CEO expects prediction markets’ addressable market to shrink before Supreme Court hearing
By SectorWire desk ·
Summary
BetMGM chief executive Adam Greenblatt expects the total addressable market for prediction markets to contract before a Supreme Court hearing. He also said BetMGM was withstanding competitive pressure, with betting handle increasing by 3%.
Why it matters
Greenblatt expects prediction markets’ addressable market to contract before the Supreme Court hearing, while reporting BetMGM handle growth.