Citizens: Sports prediction markets’ 2025 TAM worth $555m

Citizens: Sports prediction markets’ 2025 TAM worth $555m

Citizens JMP has described prediction markets as “too loud to ignore” while estimating the vertical has a total addressable market (TAM) worth $555m this year.   In a note penned by analyst Jordan Bender, the $555m figure applies to sports event contracts only, which have come to the fore via Kalshi, Robinhood and Crypto.com. While there remains growing interest in the vertical for essentially offering sports betting across all 50 states, the an…

States Scrutinize Prediction Markets Amid Legal Uncertainty

The post A Deep Dive into the Scrutiny of Prediction Markets appeared first on SportsHandle. As prediction markets gain traction in the United States, Arizona and North Carolina are meticulously monitoring this evolving sector. This increased attention arrives amidst a growing national debate over the regulatory status of sports event contracts and the actions taken by multiple states. The latest developments point to a complex balancing act bet…