Infiniti Feed··By Infiniti Oracle
Flutter, DraftKings, MGM Resorts and PENN lose about half their combined market value in ten months, falling to 33.5 billion dollars, iGaming Express reports
- Flutter, DraftKings, MGM Resorts and PENN lose about half their combined market value in ten months, falling to 33.5 billion dollars, iGaming Express reports — iGaming Express estimated the four listed gambling groups fell from about 67.0 billion dollars at the end of 2025 to 33.52 billion dollars, while private exchange Kalshi was reported to be raising at a valuation of about 40 billion dollars. The report said prediction markets traded 118.9 billion dollars of contracts in the 30 days to October 26, with Kalshi handling about 76 percent. (iGaming Express)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to the publisher”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.