# Episode 5: DraftKings Cometh, But Kalshi + Polymarket Level Up

Page: https://stenobird.com/podcast/the-event-horizon-podcast-7687259/episode-5-draftkings-cometh-but-kalshi-polymarket-level-up
Text version: https://stenobird.com/podcast/the-event-horizon-podcast-7687259/episode-5-draftkings-cometh-but-kalshi-polymarket-level-up.md
Podcast: [The Event Horizon Podcast](https://stenobird.com/podcast/the-event-horizon-podcast-7687259)
Published: 2025-10-24T14:26:10+00:00
Episode link: https://nexteventhorizon.substack.com/p/episode-5-draftkings-cometh
Audio file: https://api.substack.com/feed/podcast/177007677/047f3df969f985929412136584dcefb5.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-event-horizon-podcast-7687259/episodes/episode-5-draftkings-cometh-but-kalshi-polymarket-level-up
Duration seconds: 1998

## Resource

DraftKings signaled its intent to get into sports prediction markets this week, but deals by the NHL with Kalshi and Polymarket have changed the meta in the industry. Pet Berisha of Sporting Crypto helps me round up a wild week of news on this week’s podcast. Sports prediction markets face a new wave of fraud, from insider trading to syndicates and spoofed locations. Radar Protect helps platforms detect and stop risky activity in real time, using location and device signals across 300+ brands in finance, retail, QSR, and gaming. Flag multi-accounting, account sharing, identity theft, and more, without slowing down your user experience. Radar can help you fight fraud with less friction. Everything I wrote this week on prediction markets * The Event Horizon * Polymarket And Kalshi Reportedly Raising Again, At Valuations Over $10B * The Last 24 Hours Have Been A Sea Change For Prediction Markets * Kalshi Says It’s ‘Kind Of Addicting’ In Instagram Post * NYT Op-Ed: ‘Gambling. Investing. Gaming. There’s No Difference Anymore.’ * Kalshi Down For Some Users On Saturday: What We Know * The Closing Line * Episode 38: The State Of Prediction Markets After All The Chaos * News: DraftKings To Launch Prediction Market After Acquiring Railbird * WSJ Report: Kalshi, Polymarket Ink Licensing Deals With NHL Prediction markets news roundup * Polymarket CMO confirms POLY token and airdrop plans as prediction market boom gathers steam (The Block) : “Polymarket Chief Marketing Officer Matthew Modabber has confirmed plans to launch a native POLY token and an accompanying airdrop as the prediction market gains growing investor interest amid a trading volume boom. Earlier this month, the company’s founder, Shayne Coplan, had teased a POLY token launch, The Block previously reported.” * “There…

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