A new study reports that Americans are actively trading on offshore prediction markets, with potential wagering levels reaching up to $34 billion in estimated annual trading. The study also projects broader future spending, estimating that Americans could wager as much as $133 billion per year on these offshore platforms by 2030. The figures reflect money placed by U.S. participants in markets hosted outside U.S. regulatory oversight. While the study provides estimates of current and possible future volumes, it does not necessarily indicate that every wager comes from formal U.S.-based entities; instead, the focus is on betting activity by Americans on offshore prediction-market services. The outlets covering the study emphasize the scale of participation and the potential growth over the decade ahead, but present the numbers as projections and estimates rather than precise measured totals. Overall, the study highlights the growing presence of U.S. bettors in offshore prediction markets and suggests that the volume could rise substantially by 2030.
Study Estimates Americans Could Spend Up to $34 Billion on Offshore Prediction Markets
A new study reports that Americans are actively trading on offshore prediction markets, with potential wagering levels reaching up to $34 billion in estimated annual trading. The study also projects b...
- A study estimates Americans’ trading on offshore prediction markets reaches up to $34 billion.
- The study projects Americans could wager up to $133 billion annually on offshore prediction markets by 2030.
- The figures relate to offshore (non-U.S.-hosted) prediction-market activity by Americans.
- The reported numbers are presented as study estimates/projections, not verified totals.
The study estimated Americans could end up wagering up to $133 billion annually on offshore prediction markets by 2030.
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