
TL;DR — The Blask Index fell across traditional sportsbooks, prediction markets, and sweepstakes from January to May 2026. Traditional demand ended 15.4% below January levels, prediction markets 6.9% lower despite a June rebound, while sweepstakes rose 16.7% solely on Crown Coins’ 445% surge. Concentration is acute, with Polymarket and Kalshi at 97.4% share.
SCCG Take — Demand is not expanding overall, forcing operators to pursue share gains or product innovation. Single-brand dependence in two categories creates material volatility risk for the balance of 2026.
The Blask Index registered declines in US iGaming demand across traditional sportsbooks and casinos, prediction markets, and sweepstakes from January through May 2026. All three categories reached their highest levels in January before sliding, according to exclusive data shared with Focus Gaming News. Only sweepstakes posted a full recovery by June, and that gain traced to a single brand.
Traditional sportsbooks and casinos fell 16.9 percent from January to May and closed June 15.4 percent below the January baseline. The drop was nearly linear after the Super Bowl, with February alone producing a 16.8 percent decline. Bovada ended the period down 14.6 percent, BetOnline fell 13.6 percent, and DraftKings declined 14.4 percent. Several others, including BetRivers, MyBookie, and Rainbet, dropped more than 25 percent. Bet365 stood apart with a 37.6 percent gain.
Prediction markets declined 15.5 percent from January to May. A 10.3 percent June rebound left the category 6.9 percent below its starting point. Polymarket fell 13.8 percent over the half. Kalshi dropped 35 percent by May before surging more than 77 percent in June, finishing 15.3 percent above January. The two leaders held 97.4 percent of category demand share in June.
Sweepstakes fell 5.6 percent by May. Crown Coins then recorded a 445 percent increase from January to June, enough to lift the full category 16.7 percent above its starting level despite continued weakness at Chumba Casino and others. The Blask Index tracks normalized search data as a proxy for real-time player interest.
The data expose clear structural limits. Prediction markets operate as a near-duopoly. Sweepstakes recovery rested on one brand; any reversal at Crown Coins would erase the category gain. Traditional operators followed the same post-Super Bowl trough seen every year since 2016, with no sign of an earlier rebound ahead of the NFL season. The index measures demand volume, not revenue or margins, so search softness does not map directly to deposit or net gaming revenue outcomes.
Operators therefore cannot count on broad market expansion in the second half. Gains will need to come from share shifts, tighter unit economics, or new products that generate incremental interest rather than redistribute existing demand. The June concentration in both prediction markets and sweepstakes leaves those categories exposed to single-point volatility.
Reporting: Focus Gaming News
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
We're advising operators and investors in every one of these categories. When traditional demand drops 15%, prediction markets lean on two brands holding 97% share, and sweepstakes recovery comes from one 445% outlier, you're looking at concentration risk and a market that rewards differentiation, not me-too plays.
SCCG angle: We're working with operators looking to break duopoly dynamics and sweepstakes brands trying to replicate Crown's playbook. SCCG connects clients to product studios, acquisition experts, and brand architects who've delivered outlier growth in saturated verticals — the kind of differentiation that just drove a 445% move.
Gaming, betting and prediction markets — the desk’s read, every weekday.
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