TRUEiGTECH Introduces Enterprise-Grade Prediction Market Platform for Operators

TRUEiGTECH has announced a new enterprise-grade prediction market platform that will allow any interested third party to quickly set up and enter the ecosystem, providing a product designed to facilitate outcome-based or event-driven trading markets at scale. 

Prediction Markets Poised to Grow, TRUEiGTCEH Provides the Tools for Operator Success

The company’s product arrives at a crucial moment in the development of these platforms, with companies looking to enter the ambitious and promising vertical, which already promises significant growth potential.

Kalshi reportedly took in $1.2 billion on trades related to Super Bowl event contracts, when the American Gaming Association estimated that sports betting platforms would see $1.76 billion wagered legally, highlighting the potential of this new segment.

TRUEiGTECH now seeks to capitalize on this by providing a launch-ready product that deals with the regulatory and technical complexities of setting up a platform in the space, allowing operators to quickly gain a foothold in the space. 

The company’s platform is available to operators across both the United States and Europe, with additional deployment already underway, with prediction markets on track to hit $1 trillion annual trading volume by 2030 from an estimated $10 billion today.

TRUEiGTECH has highlighted the draw of prediction markets, highlighting their flexibility and “bet-on-anything” philosophy, which leads to new revenue streams and opportunities. 

Prediction markets also enjoy a faster entry compared to traditional iGaming and sports betting companies, especially if an operator already operates in these segments. 

Delivering Regulation-Ready Solution to Drive Competition, Operator Success 

Commenting on this fresh opportunity, Prish Kumar, TRUEiGTECH’s co-founder, had this to say: 

“We provide turnkey and bespoke prediction market platform development solutions. Plus, we also offer prediction market clone development and prediction market API integration solutions.”

TRUEiGTECH provides the tools necessary to thrive in a highly-promising vertical, offering operators a way to access the space easily rather than focus on building complex standalone ventures. 

TRUEiGTECH is a fresh breath of air in the prediction market space as it seeks to provide the technological means necessary for a thriving and diverse ecosystem marked by healthy competition in regulated markets across Europe, the United States, and beyond.