Prediction market data platform Predictefy announced on X platform that the valuation of prediction market platforms has exceeded that of traditional sports betting companies. According to Odaily, Kalshi currently holds a valuation of $22 billion, surpassing all traditional sports betting companies.
The valuation rankings for related entities are as follows:
Kalshi: $22 billion;
FanDuel (Flutter): $19 billion;
DraftKings: $12.75 billion;
bet365: $12 billion;
BetMGM: $9.4 billion;
Polymarket: $9 billion (based on the latest round of financing);
Caesars Palace: $5.8 billion;
betway (Super Group): $5.4 billion;
Entain Group: $4.6 billion;
ESPNBET: $2.8 billion.