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Polymarket and Kalshi trade more than US$5bn on the 2026 World Cup

Deals & M&A

Polymarket and Kalshi recorded more than US$5 billion in trading on prediction markets during the 2026 World Cup, according to an analysis cited in the report. Kalshi logged three consecutive days with daily trading above US$1 billion, while DraftKings said its event-contract volume last weekend exceeded its previous high for the segment.

The reported trading growth and DraftKings activity indicate increased competition in US event-contract markets during the tournament.

End-of-day close DraftKings (DKNG), USD, to 4 August 2026
Story date6 May 20264 August 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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