Three US gambling figures, $3 billion, $32 billion and $63 billion, were published at different times for different purposes. The US commercial sports betting and iGaming market grew sharply over that period, but growth is only part of the explanation. For suppliers, the commercial question is how to bridge operator market size to the revenue pool their product can actually address. Playtech's investor site puts the US total addressable market at $32 billion across iGaming,

If the reports are accurate, Meta is not simply copying Polymarket and Kalshi. It is testing whether prediction can become a mass-market engagement habit, and that should matter to every operator, exchange and regulator still arguing over where trading ends and gambling begins. Meta has reportedly instructed a small internal team to build a standalone prediction-markets app, known internally as Arena. On the surface the product sounds cautious. It would be a mobile app, sepa

The prediction-markets fight is usually read as a turf war between the CFTC and state regulators. For US sportsbook operators and their B2B suppliers, the more immediate question is what a single federal licence does to a business built on fifty state ones, and why capital and distribution are already moving before the courts decide. The legal fight around prediction markets has largely been framed as a jurisdictional dispute between the CFTC and state AGs. For US sportsbook