Nearly all volume on FIFA-linked prediction market is circular trading.
ADI Predictstreet, backed by Abu Dhabi’s royal family, paid close to $150 million for advertising rights during the World Cup.
The high trading activity appears driven by wash trades and self-dealing rather than genuine speculative interest, raising concerns about market integrity.
Regulators and analysts warn that such artificial volume can distort pricing and mislead investors about true demand in sports-linked financial products.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing