Prediction markets record $12.2bn weekly trading volume ahead of World Cup
Prediction-market trading volume reached a reported record $12.2bn in the week covered by the Italian-language report, with about $5.8bn linked to sports. The report attributed the figures to a16z Crypto and Dune Analytics and said the total amount committed to predictions reached $1.48bn in the week ending 15 June, around six times the level a year earlier.
The figures show prediction markets expanding in sports, intensifying debate over how the activity should be regulated.