Looks like the Jock Division of New Age Lehman Brothers had a rough night. (No bailouts, please.)
Susquehanna International Group’s prediction market desk took its biggest sports loss making markets during the Knicks’ Game 4 NBA Finals comeback Wednesday, while Kalshi reported a record day for volume.
Susquehanna’s losses, a source familiar with the situation says, were almost entirely on the game-winner market.