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Polymarket's annualized revenue tops $1.8B amid U.S. exchange growth and sports event volume surge

Market News
10 Nov 2026, 15:00 WIB
CNBC
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Neutral
Polymarket's annualized revenue tops $1.8B amid U.S. exchange growth and sports event volume surge

Prediction market platform Polymarket has reached an annualized revenue of over $1.8 billion, up from $1 billion in June, driven by increased trading volume on its U.S. exchange since its May launch. The growth was fueled by major events like the FIFA World Cup and NFL season, with Combo event contracts making up over 70% of trading volume. Despite this success, Polymarket faces regulatory scrutiny from the Commodity Futures Trading Commission over advertising and past compliance issues, along with potential political scrutiny due to ties with Donald Trump Jr. The company has expressed willingness to cooperate with lawmakers as the prediction market industry evolves.

Polymarket's annualized revenue surpassing $1.8 billion offers context for readers. For those tracking Financials-sector US stocks on Pluang, as of Nov 10, 2026 18:42 WIB, 90 out of 142 stocks rose while 45 fell. Notable movers include PSEC at USD 1.54 (+1.99%), ING at USD 33.75 (+1.66%), and RIOT at USD 17.95 (+1.61%).

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