𝛼SK or Searchbullish
$24M/year FanDuel For Prediction Markets
106 Views23 May 2025 08:00
TL;DR: Kalshi became a cultural phenomenon during the 2024 U.S. presidential election as millions bet on Donald Trump to defeat Kamala Harris, driving a record $1.2B in monthly trading volume. Post-election, Kalshi has shifted to sports—now 75% of trading—as a 50-state legal alternative to FanDuel and DraftKings, with Sacra estimating Kalshi generated $24M in 2024 revenue, up 1,221% year-over-year. For more, check out our full report and dataset on Kalshi...
What is covered in the Full Insight:
- Introduction to Kalshi
- Regulatory Approval and Launch
- 2024 U.S. Election Impact
- Shift to Sports Betting
- Comparison with Competitors
SUMMARY
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- $24M/year FanDuel For Prediction Markets23 May 2025
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