Suffolk County Superior Court Judge Christopher Barry-Smith has granted Massachusetts Attorney General Andrea Campbell a preliminary injunction against Kalshi, allowing...
Kalshi reports nearly $900M in Super Bowl trading volume
Kalshi reported record trading volumes as a result of the Super Bowl, with nearly $900 million traded on the platform.
Contracts connected directly to the Super Bowl generated more than $500 million in trading volume, while the overall activity reached $871 million, which was a new daily record compared to the $27 million that Kalshi generated during 2025’s championship.
Less than an hour before the start, more than $325 million was already traded, with the game’s winner accounting for the biggest share of liquidity. The Seattle versus New England market traded with a 67-33 split and proved right after the Seahawks won 29-13.
Entertainment-related contracts were also popular, with predictions on Bad Bunny’s halftime opening song reaching $113.5 million in settlement volume. Additionally, Super Bowl ad event contracts generated $72.2 million, and the game’s MVP market accounted for $52.2 million.
The unusually high activity on the platform led to delays in Kalshi’s system, as users reported issues such as deposits not appearing in the app in time to place a bet. Similar problems occurred throughout the day; however, the platform avoided a total shutdown.
The Kalshi app was downloaded 3 million times in January 2026, ahead of the Super Bowl, exceeding the growth rates of competitors DraftKings and FanDuel during the same peak period.
Issued on January 12, 2026, by US District Judge Aleta Trauger, an order has blocked the Tennessee Sports Wagering Council from enforcing state gambling laws against Kalshi.
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