Location: +United States
Brock University professor joins group addressing gambling boom
1 August 2025 at 7:22am UTC-4
Michael Naraine, Associate Professor of Sport Management at Brock University, has been named the first Canadian member of the Institute on Sports Wagering and Gaming at San Diego ...
Robinhood’s second quarter beats Wall Street expectations
1 August 2025 at 7:11am UTC-4
Prediction platform Robinhood reported US$989 million in second-quarter revenue, a 45% year-over-year increase, beating Wall Street’s estimate of US$908 million.
Net interest ...
Rush Street leaders take victory lap in earnings call
31 July 2025 at 2:22pm UTC-4
Richard Schwartz, CEO of Rush Street Interactive, began the second-quarter earnings call by noting new company highs for revenue, profitability and margins. These, he said, were ...
Rush Street revenues and profits skyrocket
31 July 2025 at 2:14pm UTC-4
Profits for Rush Street Interactive were US$28.8 million in the second quarter, reversing a US$300,000 loss posted a year earlier.
The igaming provider also posted revenue of ...
IC360 partners with social betting platform Sparket
31 July 2025 at 5:45am UTC-4
Sports compliance company IC360 has partnered with social gaming platform creator Sparket to advance integrity and compliance in Sparket's rapidly growing network of emerging and ...
Caesars Digital delivers Q2 revenue growth of 24.3% in 2025
30 July 2025 at 6:55am UTC-4
Caesars Entertainment has reported 24.3% revenue growth from its online gambling division, Caesars Digital, in the second quarter of 2025, with net revenue rising from US$276 ...
BetMGM revenue, cash flow surge
29 July 2025 at 12:36pm UTC-4
Second-quarter net revenue for BetMGM shot up 36% and cash flow leapt from US$8 million to US$86 million. The company released those numbers in the predawn hours of 29 July ...
BetMGM looks toward premium customers for growth
29 July 2025 at 12:33pm UTC-4
“Our business has truly inflected,” BetMGM CEO Adam Greenblatt said of his company’s second-quarter earnings during a 29 July investor call.
BetMGM reported US$692 ...
Sports betting margins hit record heights, Jefferies analyst says
29 July 2025 at 11:42am UTC-4
“After several consecutive quarters of unfavorable sports results, [the second quarter] is on track to deliver a record sports margin outcome,” Jefferies Equity Research ...
Kalshi announces partnership with Elon Musk’s xAI
28 July 2025 at 6:52am UTC-4
Online prediction platform Kalshi has confirmed a partnership with Elon Musk’s artificial intelligence startup xAI, bringing the Grok chatbox to Kalshi’s trading platform ...
