Market Growth & Volume Surge

Q2 2026 prediction market volume hits $111B, 1764% YoY growth. Kalshi surpasses Polymarket in volume. Sports betting dominates but Polymarket more diversified. NY AG sues Kalshi for $36B. Convergence on parlay bets, perpetuals, stablecoins. Meta and Robinhood entering. This growth attracts regulatory scrutiny and competitive dynamics. Latest: DraftKings prediction market volumes quintupled Apr-Jul, stock up 8% on growth narrative. Polymarket daily volume $15.3M with Fed and geopolitical bets leading.