Prediction Market Platform Valuations Surpass Traditional Sports Betting Companies

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.