SEGG Media opens Sports.com Predict to the public with 1,195 markets

The platform has moved beyond its waitlist phase in permitted jurisdictions, adding 18 sports categories as SEGG Media looks to grow transaction-based revenue.

Summary

SEGG Media said Sports.com Predict has moved from a limited, waitlist-based release to public access in jurisdictions where the product is permitted, marking the next phase of its rollout for the real-time sports prediction market platform. The company said it added 18 new sports categories, bringing the total number of available prediction markets to 1,195, though not all categories currently have live markets because availability depends on active seasons and event schedules. SEGG Media said the broader launch is intended to increase user acquisition and transaction volume and develop Sports.com Predict into a recurring, transaction-based revenue stream. The company said the platform generates revenue from transaction fees tied to user activity and described the model as potentially scalable and high margin. It also cited a third-party estimate, attributed to Bernstein via Investing.com, that total sports and event-contract trading volume could reach $1 trillion by 2030, with sports-related activity accounting for about 70% of that total.

Terms & Concepts
  • prediction markets: Platforms where users trade on the outcomes of future events.
  • transaction-based revenue: Income generated from fees or charges tied to user activity rather than fixed subscriptions or advertising.
  • event-contract trading volume: The total amount traded in contracts whose value depends on whether a specific event occurs.