Another week, Another ATH for prediction markets. This week saw a more cultural adoption from people around the world, mainly in USA where whole country came together for the biggest event of the year. THE SUPER BOWL!!!

In this week’s newsletter we will dive deep into recap of what happened in the space & few updates our beloved PRED. Let’s get started

Prediction Market Trends — Quick Insight On Past week

• Sports accounted for the majority of prediction-market trading volume last week, significantly outpacing politics, crypto, and macro categories. Dominating weekly prediction-market activity (~60%+) mainly with the surge of Super Bowl

• Sports prediction-market volumes increased sharply throughout Super Bowl week, with activity peaking on game day after accelerating from mid-week onward. Trading activity accelerated steadily through the week with Volume more than tripled by Sunday compared to Monday

Major Impact on Traditional Sportsbooks

• Gambling and sportsbook stocks declined during the week, as analysts and investors noted that prediction markets were diverting betting volume away from legacy sportsbooks for major sports events.

  Industry commentary suggested prediction markets were **capturing a meaningful share of           Super Bowl-related wagering**, especially in states where traditional sports betting faced               restrictions. Maybe our time is near?
  

  Analysts estimated that prediction markets captured ~5% (or more) of total Super Bowl wagering activity, a meaningful shift for a category that barely existed a year earlier.

Numbers Worth Quoting This Week