By SectorWire desk ·
Prediction markets generated $78.2bn in notional trading volume during September. A recovery in sports trading helped push the monthly total above the previous record of $56.4bn recorded in July.
Sports trading helped prediction market operators exceed their previous monthly volume record.
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Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands.
Sports and combo markets generated 86% of Sunday volume, highlighting their importance to prediction market operators.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The lawsuit contests whether Wisconsin’s gambling laws apply to Novig’s sports contracts or federal commodities jurisdiction takes precedence.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.