Vertical: Sports Betting

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 ...
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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 ...
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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 ...
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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 ...

Entain investigated by Australian regulator after BetStop breaches

6 May 2026 at 7:32am UTC-4
Operator Entain has come under fire after an investigation into breaches of Australia’s national gambling self-exclusion system, BetStop, uncovered widespread compliance ...

Korean baseball players reinstated after illegal gambling in Taiwan

6 May 2026 at 7:16am UTC-4
The Korean baseball club, the Lotte Giants, reinstated three players to the first-team roster on May 5 after gambling-related suspensions, returning them to action against the ...

Louisiana lawmakers advance racketeering bill

5 May 2026 at 6:57am UTC-4
Louisiana lawmakers have advanced a bill that would make online sweepstakes casinos, as well as other illegal gambling operations, a racketeering offense. House Bill 53, which ...

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 ...

Ontario reports record CAD$9.6 billion handle in March

4 May 2026 at 5:01am UTC-4
iGaming Ontario’s latest market performance report reveals the province clocked a record CA$9.6 billion in handle in March, up 20.6% year-over-year and 10% month-over-month ...