Tag: Investment
Kalshi valuation surges to US$22 billion after recent funding round
23 March 2026 at 7:08am UTC-4
Kalshi has had its valuation increased to US$22 billion after its latest funding round, which raised more than US$1 billion.
The Wall Street Journal was the first to report on ...
Xpoint raises funding to support product development and market expansion
19 December 2025 at 6:31am UTC-5
Geolocation and compliance firm Xpoint has secured a fresh round of funding, which is being led by investment firm Bettor Capital.
Xpoint said the investment would be used for ...
Kalshi hits US$5 billion valuation after latest financing round
13 October 2025 at 7:25am UTC-4
Prediction market Kalshi has raised US$300 million during a Series D funding round, valuing the prediction platform at US$5 billion, according to The New York Times.
The ...
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 ...
