Polymarket Annualized Revenue Surpasses $1.8 Billion on Strength of US Sports and Combo Trading
Polymarket's annualized revenue has topped $1.8 billion, up from over $1 billion in June, with $14.5 billion in US notional volume last month. Sports events and combo contracts now drive more than 70% of activity despite a $2.7 million hack. A CFTC probe and political connections add compliance pressure.
SCCG Take — US demand for prediction markets is proven, yet the CFTC investigation and $21 billion valuation require operators to resolve regulatory exposure before further scaling.
Polymarket has surpassed an annualized revenue of $1.8 billion. The prediction market platform disclosed the milestone to CNBC on November 10, 2026, as its US exchange volumes continue to expand, according to GamblingNews.
The current run rate reflects a substantial increase from the more than $1 billion reported in June, shortly after the domestic platform launched in May. The US operation, maintained separately from the international exchange, generated at least $14.5 billion in notional trading volume in the previous month, compared with roughly $4 billion in June.
Sports Events and Combo Contracts Fuel Growth
Sports betting interest has contributed heavily, with the FIFA World Cup sustaining activity through the summer and the NFL season launch in September driving further participation. Combo event contracts, resembling multi-leg parlays at traditional sportsbooks, have gained particular traction. On November 8, these contracts accounted for more than 70% of all trading volume.
This expansion follows a security breach at the end of last month in which hackers stole $2.7 million, forcing a temporary pause in trading.
Balancing Expansion With Regulatory Uncertainty
Polymarket is now seeking a fresh $1 billion funding round at a reported valuation of $21 billion. The fundraising push arrives while the Commodity Futures Trading Commission conducts an investigation into whether the platform's advertising violated a prior settlement prohibiting US residents from accessing the international exchange.
Political scrutiny may intensify, partly because Donald Trump Jr. serves as an adviser. The company has signaled readiness to engage. "We welcome scrutiny," a spokesperson told CNBC.
Prediction market operators face a clear requirement to address compliance demands while demand for these products accelerates. Resolution of the current probes will determine how readily this growth translates into stable, scalable operations across the sector.
Gaming, betting and prediction markets — the desk’s read, every weekday.
Subscribe →