[Kalshi Surpasses Traditional Sports Betting Giants with a $22 Billion Valuation] Odaily Planet Daily News: Prediction market data platform Predictefy posted on the X platform, stating that the valuation of prediction market platforms has surpassed traditional sports betting companies. Kalshi's current valuation stands at $22 billion, higher than all traditional sports betting companies. The valuation rankings of related entities are as follows: Kalshi at $22 billion; FanDuel (Flutter) at $19 billion; DraftKings at $12.75 billion; bet365 at $12 billion; BetMGM at $9.4 billion; Polymarket at $9 billion (latest funding round valuation); Caesars Palace at $5.8 billion; betway (Super Group) at $5.4 billion; Entain Group at $4.6 billion; ESPNBET at $2.8 billion.