Sportsbook app downloads decline during NFL debut, Kalshi sees an increase in volume
In the heart of Colorado, Michael Savio, a seasoned journalist hailing from Denver, has been delving into the dynamic world of the sports betting industry for over four years. His work can be found on Casino.com, where he provides accurate and easy-to-understand information about this ever-evolving sector.
Away from the screen, Michael enjoys exploring the breathtaking landscapes that Colorado has to offer. His passion for adventure complements his professional life, as he navigates the complexities of the sports betting industry with a keen eye for detail.
Meanwhile, the sports betting landscape is experiencing some shifts. Last week, Kalshi, a US-based prediction market platform, recorded over $300 in trades. Despite facing legal challenges in Massachusetts for allegedly violating state sports betting laws, the platform continues to operate, having received prior approval by the Commodity Futures Trading Commission (CFTC) at the federal level.
Interestingly, advertisements for Kalshi are emphasising the legality of their sports betting markets, potentially aiming to reassure users amidst the ongoing legal challenges. On the other hand, sportsbooks are reporting a decrease in downloads compared to the same period in 2024.
It's important to note that Michael Savio is not identified as an employee of Kalshi or any sportsbook in the provided information. His role remains as a writer, providing unbiased and insightful coverage of the sports betting industry.
As the industry continues to grow and evolve, Michael Savio's commitment to delivering accurate and accessible information will undoubtedly remain a valuable resource for those interested in this exciting field.
