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Citizens analysts see prediction market revenue rising fivefold to over 10 billion dollars by 2030
- Citizens analysts see prediction market revenue rising fivefold to over 10 billion dollars by 2030 — Citizens analysts led by Devin Ryan estimate prediction markets are already at a roughly 2 billion dollar revenue run rate on transaction fees and could reach more than 10 billion dollars by 2030 as institutional users adopt event contracts. The team estimates about 400 million dollars of the current run rate comes from Robinhood and points to hedging and trading uses for event-driven funds, macro funds, quant firms and corporates. (GambleRss)
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