Prediction Market Volume Surpasses Traditional Gambling, Hits $1.33 Billion

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Prediction market trading volume hit $1.33 billion, surpassing traditional gambling, according to Tom Lee on X. During the Super Bowl, Las Vegas saw $130 million in transaction volume, while prediction markets reached ten times that. Kalshi led with $871 million, followed by Polymarket ($312 million), Opinion Labs ($92 million), Predict.fun ($31 million), Novig ($19 million), SX Bet ($5 million), and Overtime ($443,000).

Odaily Planet News: Tom Lee posted on the X platform, stating that the trading volume of prediction markets has surpassed that of traditional gambling markets. Las Vegas's trading volume for the Super Bowl was $130 million, while the trading volume of prediction markets reached $1.33 billion, ten times the former.

The transaction volume ranking of each platform is as follows:

1. Kalshi: $871 million

2. Polymarket: $312 million

3. Opinion Labs: 92 million USD

4. Predict.fun: $31 million

5. Novig: 19 million USD

6. SX Bet: 5 million USD

7. Overtime: 443,000 USD

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