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Prediction markets pacing to 1 trillion dollars in annual volume by 2030, Bernstein says, GambleRss reports
- Prediction markets pacing to 1 trillion dollars in annual volume by 2030, Bernstein says, GambleRss reports — Bernstein analyst Gautam Chhugani forecast prediction market turnover on pace for 240 billion dollars in 2026 and reaching 1 trillion dollars annually by 2030, with industry revenue rising from 400 million dollars last year to a forecast 2.5 billion dollars this year. The report said sports contracts account for more than 60 percent of turnover today, a share Bernstein expects to be cut in half by 2030, and that state legal challenges are not expected to damp long-term growth. (GambleRss)
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