---
title: "Kalshi's $22 billion valuation surpasses that of many traditional sports betting giants."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280014650.md"
description: "Kalshi's valuation has reached $22 billion, surpassing traditional sports betting companies. According to an article by Predictefy, Kalshi leads the valuation rankings, followed by FanDuel at $19 billion, DraftKings at $12.75 billion, and bet365 at $12 billion. Other notable valuations include BetMGM at $9.4 billion, Polymarket at $9 billion, CaesarsPalace at $5.8 billion, betway at $5.4 billion, EntainGroup at $4.6 billion, and ESPNBET at $2.8 billion."
datetime: "2026-03-21T07:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280014650.md)
  - [en](https://longbridge.com/en/news/280014650.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280014650.md)
---

# Kalshi's $22 billion valuation surpasses that of many traditional sports betting giants.

Predictefy, a prediction market data platform, published an article on its X platform stating that prediction market platforms have surpassed traditional sports betting companies in valuation. Kalshi is currently valued at $22 billion, higher than all traditional sports betting companies. The valuation rankings of 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 (valuation in its most recent funding round); CaesarsPalace $5.8 billion; betway (Super Group) $5.4 billion; EntainGroup $4.6 billion; ESPNBET $2.8 billion.

### Related Stocks

- [MGM.US](https://longbridge.com/en/quote/MGM.US.md)
- [FLUT.US](https://longbridge.com/en/quote/FLUT.US.md)
- [DKNG.US](https://longbridge.com/en/quote/DKNG.US.md)
- [GMVHY.US](https://longbridge.com/en/quote/GMVHY.US.md)
- [DKUP.US](https://longbridge.com/en/quote/DKUP.US.md)

## Related News & Research

- [MGM RESORTS INTERNATIONAL REVEALS LINEUP OF COCKTAIL, CULINARY AND VIP EXPERIENCES FOR DRINK LAS VEGAS, SEPT. 24-27 | MGM Stock News](https://longbridge.com/en/news/287108168.md)
- [DraftKings Eyes Prediction Markets as ‘Next Evolution’ as Sportsbook Growth Holds Strong](https://longbridge.com/en/news/286638918.md)
- [12:20 ETGambling Is Not Investing Urges Senate to Crack Down on Sports Betting via Prediction Markets](https://longbridge.com/en/news/287095834.md)
- [Flutter Director and Associate Purchase Shares in Market Transaction](https://longbridge.com/en/news/286367543.md)
- [Three Diversified Stocks For Adventurous Investors](https://longbridge.com/en/news/286927733.md)