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Prediction market Kalshi reached $1bn in trading volume during Super Bowl
| United Kingdom | politics

Prediction market Kalshi reached $1bn in trading volume during Super Bowl

#Kalshi #Super Bowl #Prediction Market #Bad Bunny #Trading Volume #Tarek Mansour #Fintech

📌 Key Takeaways

  • Kalshi surpassed $1 billion in total trading volume on Super Bowl Sunday.
  • Bettors placed over $145 million in wagers specifically on Bad Bunny’s halftime show details.
  • The platform reached a new daily record for activity during the championship event.
  • CEO Tarek Mansour highlighted the weekend as a major success for the prediction market industry.

📖 Full Retelling

The online prediction market Kalshi achieved a historic milestone on February 8, 2026, by surpassing $1 billion in total trading volume during Super Bowl Sunday, driven by a surge in high-stakes wagering on entertainment events surrounding the championship game. Company CEO Tarek Mansour announced the record-breaking figures on Tuesday, highlighting that the platform processed $145 million in bets specifically tied to Bad Bunny’s halftime performance. This massive influx of capital was fueled by users speculating on the artist's opening song choice and potential guest appearances, marking a significant shift in how prediction markets are utilized during major American cultural events. This surge in activity represents a pivotal moment for Kalshi, which has been at the forefront of the legal battle to expand prediction markets beyond traditional financial and political hedging. By capturing over $145 million in volume for non-sporting outcomes such as the halftime show setlist, the platform demonstrated the growing public appetite for event-based contracts. Mansour described the period as an "incredible weekend," noting that the daily record set during the game underscore the platform's scalability and its transition into a mainstream financial tool for retail traders. The broader implications of this $1 billion milestone suggest a maturing landscape for the prediction market industry, which has faced significant regulatory scrutiny in recent years. Historically associated with political forecasting or economic indicators, the success of entertainment-linked contracts during the Super Bowl suggests that these platforms are successfully diversifying their user base. As the company continues to report robust growth, the intersection of sports culture, celebrity performances, and speculative trading appears to be a primary driver for the next phase of the platform's expansion into the global digital economy.

🏷️ Themes

Finance, Entertainment, Sports

📚 Related People & Topics

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Kalshi Inc. is an American web-based prediction betting platform launched in July 2021, mostly used for traditional sports betting, which constitutes more than 90% of the activity on the site, accounting for 89% of the site's revenue in 2025. Activity on the site is described as "heavily tied to the...

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📄 Original Source Content
<p>Kalshi says ‘incredible weekend’ after $145m in bets on Bad Bunny’s opening song and guests during half-time show</p><p>Online prediction market Kalshi hit a daily record on <a href="https://www.theguardian.com/sport/super-bowl">Super Bowl</a> Sunday, surpassing $1bn in trading volume, the company announced on Tuesday.</p><p>Kalshi’s CEO, Tarek Mansour, called it an “incredible weekend”, telling <a href="https://www.cnbc.com/2026/02/10/kalshi-super

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