Kalshi Volume Beats Election Day, Robinhood Handles 2B+ Event Contracts in Q3 (Casino.org)

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Due in large part to NFL contracts, Kalshi volume broke Election Day record Robinhood says it passed four billion even contracts handled with more than half processed in current quarter Historically, football season has been a boon for sportsbook operators. This year, that trend is matriculating over to prediction markets in significant fashion. A Kalshi advertisement. The prediction market’s Sept. 28 volume exceeded what was seen on Election Day 2024. (Image: Kalshi) On Sunday, volume on Kalshi reached $260 million over 763,000 event contracts. CEO and co-founder Tarek Mansour took to X, confirming it was a record day for the yes/no exchange operator, indicating that the trend of football being the most bet on sport in the US is highly relevant in prediction markets. Last night, Kalshi’s daily volume has officially surpassed Election Day,” wrote Mansour. “Nothing beats football in America.” A chart showing Kalshi’s Sept. 28 notional volume exceeding Election Day 2024. (Image: Dune Analytics) Football success realized by…Read MoreCategory: Financial, NFL, Sports Betting, Technology, sports betting, technologySource: Casino.org

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