Jun. 3 at 10:17 PM
$GENI
From Bank of America:
“On Saturday, Robinhood routed one MLB game to their exchange, Rothera, rather than Kalshi. In just one baseball game, Rothera did
$1.8M in contract volume, On Saturday,
Kalshi’s straight bets on the MLB were down -4% W/W or ~
$4M. Between Robinhood’s
soft launch, accelerating volume on CME and http://Crypto.com, and DraftKings’ Railbird launch coming soon, we are starting to see the PM competitive environment intensify and expect it to only ramp from here.”
What does this all mean. More data customers. More asvertising customers. More, more, more. 🇺🇸