GR8_TECH taps into prediction markets with new offer

Prediction markets have been taking over the news over the last 12 months, so it is no surprise that GR8_TECH has decided to tap into the billion-dollar market and introduce a tech stack of its own. The iGaming technology and software provider is adding prediction markets to its GREAT_TURNKEY and GREAT_CRYPTO TURNKEY solutions, which allows operators a novice way to capture high-value and crypto players. The offer includes a wide variety of markets, such as crypto, finance, science and tech, culture, business, same-day events, news, and politics – with perhaps the most prominent example of the latter over the last few weeks being the Presidential race between Lula da Silva and Flávio Bolsonaro in Brazil. With the elections now over, Lula is back in power, and those familiar with the country’s politics relating to the industry will know that the gambling prohibition he introduced on 25 September will remain in place, at least for now. Prediction markets themselves have been banned in Brazil long before Lula’s restrictions came into effect, with Polymarket and Kalshi – the two biggest prediction platforms in the world – being the first to go, alongside 25 other providers. Still, for operators active in other international markets where prediction markets can be offered, GR8_TECH promises no additional costs for the implementation of the new solution, and an opportunity to bump their GGR by at least 5% per month. Yevhen Krazhan, Chief Sales Officer at GR8_TECH, commented: “Player demand for prediction markets is growing fast, and it comes from well beyond regular bettors. “Some players come with big budgets and strong views on crypto or finance, while others simply enjoy calling the outcome of news they already follow. “For many of them, prediction markets alone are a reason to register, so operators gain players they would not have found through sports or casino.”