From Fortune · Jim Edwards · · 50s
Kalshi could be worth $42 billion
Prediction market Kalshi eyes $42 billion valuation if it survives Supreme Court case.
In brief
Prediction market Kalshi eyes $42 billion valuation if it survives Supreme Court case. Kalshi, a prediction market platform, could be valued at $42 billion if it survives a Supreme Court case that may allow U.S. states to regulate its business. Originally reported by Fortune.
Disney dethroned
Disney’s Magic Kingdom lost the title of world’s most-visited theme park to Dubai’s Global Village.
“Disney’s Magic Kingdom in Orlando has been dethroned as the world’s most-visited theme park by Dubai's Global Village”
Global Village leads
Global Village attracted 10 million visitors in 202 days with 38% shorter hours than Magic Kingdom.
“Global Village’s tally came to 49,505, as it attracted 10 million people in just 202 days”
Kalshi valuation
Kalshi’s valuation could reach $42 billion if it survives a Supreme Court case about U.S. state regulation.
“Prediction market Kalshi notched a $1 billion investment in May that valued it at $22 billion”
Supreme Court risk
A Supreme Court case may give individual U.S. states the right to regulate Kalshi’s business.
“the company can survive a looming Supreme Court case that may give individual U.S. states the right to regulate its business”
Kalshi IPO plans
Kalshi is targeting an initial public offering as soon as next year.
“investors are eyeing an initial public offering as soon as next year”
At a glance
Kalshi, a prediction market platform, could be valued at $42 billion if it survives a Supreme Court case that may allow U.S. states to regulate its business.
