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Combined Kalshi and Polymarket volume more than doubled to about 53 billion dollars in July as courts split on gambling status, CCN reports
- Combined Kalshi and Polymarket volume more than doubled to about 53 billion dollars in July as courts split on gambling status, CCN reports — CCN reports a Pew Research Center analysis of The Block data put combined Kalshi and Polymarket monthly volume at about 53 billion dollars in July, up from about 25.7 billion dollars in May, with sports driving much of the surge during the World Cup. Courts are split, with the Third Circuit backing Kalshi against New Jersey while the Ninth Circuit rejected key parts of its federal preemption argument in Nevada and sided with California tribes under federal tribal gaming law. (CCN)
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