Svmuu News According to a post on X by prediction market data platform Predictefy, the valuation of prediction market platforms has now surpassed that of traditional sports betting companies. Kalshi currently holds a valuation of $22 billion, exceeding all traditional sports betting firms.
The relevant entity valuations are ranked as follows:
Kalshi: $22 billion;
FanDuel (Flutter): $19 billion;
DraftKings: $12.75 billion;
bet365: $12 billion;
BetMGM: $9.4 billion;
Polymarket: $9 billion (valuation from its latest funding round);
Caesars Palace: $5.8 billion;
betway (Super Group): $5.4 billion;
Entain Group: $4.6 billion;
ESPN BET: $2.8 billion.
Faster global financial news!
Kalshi Surpasses Traditional Sports Betting Giants with $22 Billion Valuation
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
CRI (Crypto International) Project Analysis and Market Status
-
2
SK hynix in talks with Intel over potential US memory production agreement
-
3
Fetch.ai (FET) Token Analysis: Project Status and Investment Considerations
-
4
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
-
5
Anthropic, after calling for an AI slowdown, has signed its first data center lease in Australia, planning a total capacity of 2.16 GW.
-
6
Nikkei: Japan's MUFG Bank to Introduce Guidelines for Financing Defense Industry
-
7
COB Token: The Rise, Fall, and Current Status of Cobinhood Exchange's Token
-
8
Zhipu AI's CoWork business in China is progressing rapidly, with industry orders exceeding 1 billion yuan within one month of GLM-5.3's release.
-
9
XLM Price Analysis: Stellar Lumens' Positioning, Progress, and Market Outlook
-
10
XRP Outlook: Founder Background and Market Prospects
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
