Kalshi has reported $210 million in NCAA men and women’s March Madness basketball trading, March Madness betting is expected to reach record highs, with the American Gaming Association estimating that Americans will wager $3.1 billion on this year’s men’s and women’s tournaments, up from $2.7 billion last year.

Kalshi announced its entry into sports betting in January, allowing users to place bets in all 50 states, with the Super Bowl just two weeks away. The move came days after naming Donald Trump Jr. as an advisor.

Additionally, Kalshi is working with gaming technology provider Integrity Compliance 360 to implement suspicious activity monitoring and preemptive bans of individuals with insider information, such as athletes and coaches.