Author: Scott Long
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 ...
Missouri sportsbooks hold tightly in March
4 May 2026 at 3:10pm UTC-4
Sports betting in Missouri produced US$36 million in revenue in March off of US$329 million in handle. That translated into a 10.9% hold, “modestly above other states that have ...
Former owner of Philippines online platform provider PhilWeb further reduces stake
3 May 2026 at 12:29pm UTC-4
The former owner of Philippines online platform provider PhilWeb Corp has continued reducing his minority stake in the company after selling off an additional 82,260,565 preferred ...
PAGCOR releases new regulatory framework governing live-dealer studios streaming
3 May 2026 at 12:17pm UTC-4
Philippines gaming regulator PAGCOR has released its Accreditation Framework for Data Streaming Providers (DSP) – a framework that establishes the regulated pathway for ...
Gaming operators run the gamut on prediction markets during earnings calls
1 May 2026 at 1:21pm UTC-4
Prediction markets remain controversial and nowhere was this more evident than during first-quarter earnings calls. Gaming executives’ comments spanned the spectrum from ...
Jefferies analyst upbeat on Flutter, raises guidance
30 April 2026 at 2:15pm UTC-4
Jefferies Equity Research analyst James Wheatcroft placed a “Buy” rating on FanDuel parent Flutter Entertainment in a 29 April investor note.
Wheatcroft gave Flutter a ...
Rush Street execs celebrate record quarter on success of ‘casino-first’ strategy
29 April 2026 at 9:20am UTC-4
On the strength of record-level numbers for their company, Rush Street Interactive executives were in an upbeat mood during their first-quarter earnings call on 28 April ...
Rush Street Interactive revenue, profits leap in first quarter
28 April 2026 at 4:56pm UTC-4
Revenue, profitability and cash flow for Rush Street Interactive jumped by double and even triple digits in the first quarter of 2026. The results were announced late on 28 April ...
Sportradar execs push back on allegations in earnings call
28 April 2026 at 3:56pm UTC-4
Adversity for Sportradar continued in its first-quarter earnings call, which saw lengthy audio dropouts during its 65-minute duration. The company reported financial results early ...
Sportradar misses earnings expectations in first quarter
28 April 2026 at 3:38pm UTC-4
Sportradar came up short of Wall Street’s expectations in the first quarter of 2026, reporting €346 million in revenue when The Street had expected €362 million.
Cash ...
Four arrested as Indian police break up igaming operation
27 April 2026 at 7:36am UTC-4
Police in Colva in the Indian state of Goa have broken up an alleged igaming operation after a raid that led to the arrest of four men.
According to officials, the operation ...
Financial services companies seek approval to offer investment funds tied to prediction markets
27 April 2026 at 7:27am UTC-4
At least three companies have submitted applications to the US Securities and Exchange Commission seeking approval to launch Exchange-Traded Funds tied to political event ...
Minnesota Senate to vote on prediction market ban
27 April 2026 at 7:20am UTC-4
A bill that would ban most wagers on prediction platform markets is set to advance to a Minnesota Senate floor vote after controversy involving a state senator who placed a bet on ...
Brazil blocks Polymarket and Kalshi under national resolution
27 April 2026 at 7:13am UTC-4
Brazil’s government has restricted access to prediction market platforms like Kalshi and Polymarket after identifying them as non-compliant with federal gambling laws ...






