Posts From: October 2026

Sydney Sweeney-backed Novig valued at $2 billion in latest funding round

Novig, a sports-focused prediction market, has reportedly quadrupled its valuation to $2 billion after it targeted young men with racy ads featuring actress Sydney Sweeney posing fully nude with strategically placed sports...

Finance News
Gentoo Media secures €50 million senior secured loan 

Gentoo Media has secured a EUR 50,000,000 senior secured term loan from shareholders ZJF and Betplay Capital, Fundacja Rodzinna. Gentoo Media Inc is the ultimate parent of the Gentoo group....

Finance News
Kalshi in funding talks at $40 billion valuation

Prediction market platform Kalshi is reportedly now in talks to raise approximately $1 billion in a new funding round at a valuation of $40 billion. Existing investor Sequoia Capital and...

Finance News
Brazil’s betting ban halts Flutter Entertainments full year revenue

Flutter Entertainmentthe world’s leading online sports betting and iGaming operator notes the provisional executive order issued by the Brazilian Government banning online betting and gaming in Brazil. Complying with the...

Finance News
Entain reveals impact from Brazil online gambling ban

Entain the global sports betting and gaming group, notes the announced regulatory development in Brazil, prohibiting online sports betting and gaming. On 25 September 2026, an executive measure was published which...

Finance News
Allwyn update on Brazil regulation

Allwyn notes that a provisional measure was published and entered into force in Brazil on 25 September 2026, introducing a prohibition on online sports betting and iGaming. The Company participates in...

Finance News
Winvia shares jump 8% as prize-draw pivot pays off

Winvia Entertainment, which runs online prize-draw competitions including Best of the Best alongside an online gaming business, upgraded full-year Adjusted EBITDA guidance today above current market expectations. Shares jumped 8.08% in...

Finance News
Pennsylvania gaming revenue tops $569 million in August

The Pennsylvania Gaming Control Board has reported that the combined total revenue generated from all forms of gaming including fantasy contests during August 2026 was $569,738,545 or 2.16% below revenue...

Finance News
New Jersey gambling revenue hits $600 million in August

The New Jersey Division of Gaming Enforcement announced the August 2026 total gaming revenue results. Online gaming win for the casinos and their partners was $259.3 million for August 2026,...

Finance News
UK reports record gambling revenue of £17.5 billion

The UK Gambling Commission has published its Industry statistics annual report for the financial year April 2025 to March 2026.  The statistics show the customer-facing gambling industry in Great Britain...

Finance News