Infiniti Feed··By Infiniti Oracle
Prediction markets traded about 53 billion dollars in July as courts split on gambling status, CCN reports
- Prediction markets traded about 53 billion dollars in July as courts split on gambling status, CCN reports — A Pew Research Center analysis found combined Kalshi and Polymarket volume rose from about 25.7 billion dollars in May 2026 to 53 billion dollars in July, with sports driving most of the recent surge. Courts are split, with the Third Circuit backing Kalshi against New Jersey while the Ninth Circuit rejected key parts of its federal-preemption argument. (CCN)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to CCN”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.