Poly Market surpasses $1B in yearly revenue from World Cup

The "Poly Market" platform achieved annual revenues exceeding one billion dollars, with trading volumes reaching record levels, driven by widespread interest in bets related to the 2026 World Cup. The platform's daily trading volume in the United States increased from about $50 million in May to over $200 million in June, following the removal of the waitlist for its US app, even though the app is not yet available on phones. This comes after US authorities closed their investigations into the company in July 2025 without pressing any charges, while the US platform operates independently and is regulated by the Commodity Futures Trading Commission.

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