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DraftKings signals intent to invest in prediction markets during earnings call
8 May 2026 at 12:35pm UTC-4
DraftKings is going all in on prediction markets.
During Friday morning’s earning call, DraftKings CEO Jason Robins said he expects to invest between US$200 million and US ...
DraftKings posts revenue of US$1.64 billion in first quarter, up 17%
8 May 2026 at 12:26pm UTC-4
DraftKings on Thursday announced revenue for the first quarter of 2026 reached US$1.64 billion, an increase of US$237 million, or 17%, year-over-year, driven primarily by ...
Ontario regulator fines Relax Gaming and Arrise Solutions after games found on unregulated sites
8 May 2026 at 7:12am UTC-4
The Alcohol and Gaming Commission of Ontario has fined Relax Gaming and Arrise Solutions CA$40,000 each after finding their games on unregulated gambling websites that were ...
AGA survey reveals gaming executives remain positive despite booming predictions markets
8 May 2026 at 7:09am UTC-4
US gaming executives remain optimistic about the future of the industry, despite growing concerns about the rapid expansion of prediction markets, according to a survey by the ...
Flows lands Pennsylvania Gaming Control Board approval
8 May 2026 at 6:37am UTC-4
Igaming automation provider Flows has been authorized by the Pennsylvania Gaming Control Board to supply operators in the state, expanding its US market coverage.
Pennsylvania ...
Kalshi hits US$22 billion valuation as trading volume rises 800% in six months
8 May 2026 at 6:16am UTC-4
Prediction market Kalshi has reported a US$1 billion Series F round led by investment firm Coatue, taking it to a US$22 billion valuation.
Investment firms Sequoia Capital ...
Codere Online upbeat on first-quarter earnings
7 May 2026 at 10:48am UTC-4
Brevity was the order of the day at Codere Online’s May 7 earnings call. First-quarter results were reviewed and disposed of in 31 minutes. “We are very pleased with how we ...
Codere Online posts double-digit increases
7 May 2026 at 10:41am UTC-4
Revenue for Codere Online spiked in the first quarter of 2026, up 13% to €60.3 million. Net gaming revenue was also up, to €64.4 million. The company reported quarterly ...
CFTC looks to target Minnesota following string of state lawsuits
7 May 2026 at 6:55am UTC-4
The Commodity Futures Trading Commission is ramping up its fight against state regulators over the regulation of prediction markets, with its next target looking to be Minnesota ...
Tabcorp shares take AU$500 million hit amid money laundering investigation
7 May 2026 at 6:20am UTC-4
Australian bookie Tabcorp has seen its share price plummet after notifying the Australian Stock Exchange that it is being investigated over its ability to prevent money laundering ...
Rivalry receives failure-to-file cease trade order after not disclosing earnings
7 May 2026 at 5:55am UTC-4
Toronto-based online operator Rivalry has been handed a failure-to-file cease trade order from the Ontario Securities Commission after failing to file its earnings for the 2025 ...
Ohio gaming regulator seeks to ban credit cards from sports wagering
7 May 2026 at 5:46am UTC-4
Ohio Gov. Mike DeWine's administration has put forward a draft rule this week that would prevent residents from using credit cards to place sports bets.
The Ohio Casino Control ...
Flutter execs stick to generalities in earnings call
6 May 2026 at 7:46pm UTC-4
Leadership of Flutter Entertainment offered few specifics regarding the company’s first-quarter performance during their May 6 earnings call. They mostly hewed to broad themes ...
Flutter revenue up, profits down in Q1; FanDuel Chief Executive out
6 May 2026 at 7:41pm UTC-4
Hours after announcing the May 6 firing of FanDuel Chief Executive Amy Howe, parent company Flutter Entertainment released its first-quarter earnings. They were mostly declines ...
Pennsylvania regulator criticizes prediction markets in comments to CFTC
6 May 2026 at 7:44am UTC-4
The Pennsylvania Gaming Control Board has formally raised concerns with the Commodity Futures Trading Commission about the growing use of prediction market platforms.
In ...
