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The Guardian - US
The Guardian - US
Business
Anna Betts

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

Kalshi Bad Bunny Super Bowl Tarek Mansour the Super Bowl
a man in cream set performs with arms up
Bad Bunny performs during the half-time show at the Super Bowl at Levi’s Stadium on Sunday in Santa Clara, California. Photograph: Todd Rosenberg/Getty Images

Online prediction market Kalshi hit a daily record on Super Bowl Sunday, surpassing $1bn in trading volume, the company announced on Tuesday.

Kalshi’s CEO, Tarek Mansour, called it an “incredible weekend”, telling CNBC that “Kalshi was the biggest brand of the Super Bowl this year, without running a Super Bowl ad”.

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