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Citizens sees prediction market revenue reaching 10 billion dollars a year by 2030

  • Citizens sees prediction market revenue reaching 10 billion dollars a year by 2030 — A Citizens Financial Group report projects prediction market revenue could exceed 10 billion dollars annually by 2030 as institutional capital enters the sector, according to GambleRss. The analysts argue event contracts let investors express views on specific outcomes with less basis risk than traditional hedging tools. (GambleRss)

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