No Single Prediction Market Platform Will Capture Over 90% Market Share, Says Limitless CEO

According to The Block on June 17, Limitless CEO CJ Hetherington predicted that no single prediction market platform will capture over 90% of market share. He compared the prediction market's development trajectory to offshore perpetual futures exchanges, where no operator holds close to 90% market share.

Hetherington estimated the annual revenue of the U.S. sports betting prediction market at between 6 billion and 10 billion dollars over the next decade, though he noted Limitless does not plan to actively pursue this segment.