SCCG Management said its portfolio company Tater supplied data for a CNBC segment about US midterm election prediction markets. The chart showed a 74% probability for Democratic control of the Senate, compared with 87% implied by individual contracts, according to the company’s account.
The feature gives Tater exposure as a data provider for prediction-market analysis.
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Trading in 2026 US midterm election contracts passed $750m in notional volume by 15 October, citing CNN. That is nearly eight times the $92.4m traded on Congressional and state races in 2024. The Anti-Corruption Data Collective counts over 21,000 midterm markets across Kalshi and Polymarket and projects volume could reach $1.6bn once the races conclude.
Trading in contracts on the 2026 US midterm elections had passed $750m in notional volume by 15 October, CNN reported, in an account. The figure covers the new prediction market platforms. The Anti-Corruption Data Collective counts more than 21,000 midterm offerings on Kalshi and Polymarket, and the research group projects that volume on the races could reach $1.6bn once the midterms are complete.
BetMGM's iGaming revenue grew 6% to $483m. The outlet also reported a 7% increase in online sports betting revenue to $216m.
BetMGM reported third-quarter revenue of $710m, up 7% year over year, the company said during its Q3 2026 earnings call. iGaming revenue rose 6% to $483m, while sports revenue increased 7% to $216m. Active players fell 3% to 878,000.
Wagering on 2026 US midterm outcomes through Kalshi and Polymarket has exceeded USD220m, citing Reuters and Anti-Corruption Data Collective analysis. That compares with USD92m across the full 2024 congressional cycle. On Polymarket, the busiest 1% of wallets generated 70% of congressional election trading volume.
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.
Prediction markets recorded $78.2bn in notional trading volume in September, according to a report published by HackerNoon. The total exceeded the previous monthly high of $56.4bn set in July, as sports trading recovered after a late-summer slowdown.
Online Poker Report cited a Benzinga poll of 116 viewers on 5 October in which 17% expected prediction markets to displace DraftKings and Flutter. Respondents predicting sportsbook adaptation accounted for 28%, while 22% expected consolidation between the sectors and 32% considered a verdict premature.
A Benzinga viewer poll of 116 respondents, conducted on 5 October, found that 17% expected prediction markets to make DraftKings and Flutter "toast", according to the poll as reported. Larger shares of respondents said sportsbooks would adapt (28%), that the sectors would merge (22%), or that it was too early to tell (32%).