Kalshi NFL parlays did just $10 million in volume in the second week after their launch shaved billions off the market caps of sports betting stocks.| Sportico.com
Kalshi's NFL contracts accounted for more than 40% of trading volume on the platform in September, with sports making up roughly 90% of all volume.| Sportico.com
Lev Akabas is a Data Reporter at Sportico. He covers topics that involve data, creating charts and interactive graphics to tell stories visually. Prior to joining Sportico in May of 2020, Akabas worked on both the editorial side and the technology side of a newsroom at SLAM magazine and The New York Times, respectively. Akabas graduated from Cornell University in 2019 with a degree in Computer Science. He lives in New York City, where he enjoys playing pickup basketball.| Sportico.com
The most important business stories from the NBA and professional basketball.| Sportico.com
The world of sports betting simplified by Sportico's experts.| Sportico.com