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BofA Sees Sports Contracts Reaching $1.1 Trillion
PYMNTS·
Bank of America analysts project that U.S. sports-related event contracts could surge to an annual volume of $1.1 trillion. This significant growth is expected to generate approximately $10 billion in annualized revenue for prediction market platforms. The current volume stands at $100 billion, indicating a massive potential expansion in this sector. This forecast highlights the increasing financial activity surrounding sports events and the emerging opportunities within prediction markets.
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fintech
prediction markets
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PYMNTS — pymnts.com