News Summary

• The prediction markets industry is rivaling the pace of AI growth.
• Market volumes are estimated to eclipse $1 trillion by 2030.
• 71% of prediction market’s current users are men under the age of 45.
• About one in four American men between the ages of 18 and 24 say they have used at least one prediction market or gambling app in the past six months, according to a poll by the American Institute for Boys and Men (AIBM) A recent Bloomberg analysis found more than 100,000 accounts lost at least $1,000 on Polymarket, one of the largest prediction market platforms.