$9.4B Weekend Reshapes Prediction Markets—Who Is Gaining Ground?

TLDR Prediction markets recorded more than $9.4 billion in weekend notional trading volume. Kalshi led with $7.13 billion, with football and combo contracts driving most activity. DraftKings and FanDuel added $7 million to Nebraska’s online sports betting campaign. The CFTC approved Kalshi’s US500 perpetual futures contract on October 3. Bank of America upgraded DraftKings to [...]

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