Barrons
02 Jun 2026, 16:55 UTC · 3h ago
Prediction Markets Crushed Sportsbooks. Exchanges Could Be Next.
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Barrons
02 Jun 2026, 16:55 UTC · 3h ago
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Story key points
2 claims · impact-rated
Regulators approved perpetual futures exclusively for the prediction market platform Kalshi. — Concentrating approval on a single niche platform limits the growth potential for broader market participants.
-0.40Shares of traditional exchanges have declined following the regulatory decision. — The price action indicates investors perceive the decision as a negative signal or a loss of competitive advantage for established exchanges.
-0.30Ticker attribution
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