Study: Americans Traded Up to $34 Billion on Offshore Prediction Markets in Past Year
By
Logan Hitchcock
A baker's-dozen of insight crammed into one ring.
Summary
A new study commissioned by the Coalition for Prediction Markets estimates that Americans traded up to $34 billion on offshore prediction markets over the 12 months ending April 2026. Conducted by Rutgers professor Harry Crane, the study compared data from offshore platforms (which don't allow U.S. users and aren't CFTC-regulated) with U.S.-only platforms. The study projects that American wagering on offshore prediction markets could reach up to $133 billion annually by 2030.
Key quotes
· 2 pulledAmericans were responsible for up to $34 billion in offshore prediction market trading volumes during the 12-month period ending in April 2026
The study estimated Americans could end up wagering up to $133 billion annually on offshore prediction markets by 2030
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