Prediction Market Taker Volume Lags Sportsbook Growth in September

While prediction markets experienced a spike in trading volumes in September, sportsbooks expanded at a quicker rate, prompting concerns about the industry’s ability to attract and retain sports bettors. According to data from financial services firm Stifel , prediction market taker volume was up 27% month over month, and regulated sportsbook handle was up 43%. Prediction Markets Struggle to Match Sportsbook Growth Stifel analyst Jeffrey Stantial looked at taker volume to see how prediction markets are doing versus traditional sports betting operators.

Source: GamblingNews