Sports drives prediction market growth, says Piper Sandler’s Moley

Prediction Markets Growth Driven by Sports

Patrick Moley from Piper Sandler highlighted the significant expansion of prediction markets, attributing much of this growth to the rising popularity of sports betting. The ongoing trends in sports are increasingly influencing market dynamics and consumer engagement.

Market Trends and Consumer Engagement

The discussion on ‘The Exchange’ emphasized how prediction markets are evolving, with sports playing a pivotal role in attracting new participants and increasing market liquidity. This growth reflects broader trends in both technology and consumer behavior in the betting industry.