Tag: Investment

Philippine government considers mandatory stock exchange listing for igaming firms

21 July 2025 at 7:13am UTC-4
The Philippine government is considering a proposal that would require all igaming operators to list on the Philippine Stock Exchange as part of broader efforts to increase ...

Flutter a strong “buy,” Jefferies analyst notes

8 July 2025 at 12:58pm UTC-4
Jefferies Equity Research analyst James Wheatcroft put a Wall Street-high US$380-per-share price target on Flutter Entertainment stock in a 7 July investor note. “We see a ...

Genius Sports running a ‘two-horse race,’ Truist analyst says

3 July 2025 at 2:25pm UTC-4
On 1 July, Truist Securities initiated coverage of Genius Sports, giving it a “Buy” rating and a $14-per-share price target. Shares of GENI were trading for US$10.40 apiece at ...

Sportradar ‘a critical player,’ Truist analysts says

1 July 2025 at 2:17pm UTC-4
Truist Securities initiated coverage of Sportradar Group on 1 July with a “buy” rating and a US$33 per share price target. Shares of SRAD stock were trading at US$28.08 at the ...

Kalshi hits US$2 billion valuation after latest funding round

27 June 2025 at 7:14am UTC-4
Tarek Mansour, CEO of prediction platform Kalshi, announced in an X post that the company has closed a US$185 million funding round and is valued at US$2 billion. Paradigm, a ...

Igaming will outperform this year, Macquarie analyst says

26 June 2025 at 2:40pm UTC-4
Igaming stocks are rising three times as fast as the S&P Index. That was one of the salient findings of Macquarie Equity Research analyst Chad Beynon in an investor note ...

Polymarket close to finalizing US$200 million funding round

25 June 2025 at 6:26am UTC-4
Blockchain-based prediction market company Polymarket is reportedly close to finalizing a US$200 million funding round that would value the company at more than US$1 billion ...

Affiliate firm SharpLink Gaming announces reverse stock split

2 May 2025 at 6:42am UTC-4
Affiliate marketing company SharpLink Gaming has announced a reverse stock split that starts May 6. The announcement signals an attempt by SharpLink Gaming to increase the per ...

22 X Ventures invests in PureWager Group

17 April 2025 at 7:08am UTC-4
Private equity firm 22 X Ventures has invested in PureWager Group, a provider of digital sports betting solutions. PureWager Group was founded by Wayne Stevenson and Elliott ...