Posts From: July 2026

Kalshi secures $30 million investment from XOVR

ERShares, adviser to the ERShares Private-Public Crossover has announced that XOVR has invested $30 million in Kalshi, a federally regulated prediction market company, as part of the Fund’s latest rebalance....

Finance News
Rank Group full year profit tops expectations

Shares in Rank Group rose about 5% after the company said full-year underlying operating profit would come in ahead of expectations, at least £76 million, helped by strong digital growth...

Finance News
Polymarket files three NFA applications for US margin trading

Polymarket, has applied for U.S. regulatory approval to offer perpetual futures, a move that would allow users to open larger positions with borrowed funds as the company expands its presence...

Finance News
Michael Burry increases stake in Flutter Entertainment and Draftkings

Flutter Entertainment and DraftKings saw their share prices rise 1% and 2.7%, respectively, on Wednesday after Michael Burry, the famed money manager who predicted the 2008 subprime crisis, built substantial...

Finance News
Denmark gambling revenue up 21% in May

The gambling market in May 2026: Significant increase in total gambling spend. Danes’ gambling spend increased in May 2026 compared to the same month last year, according to the latest...

Finance News
Robinhood shares rise on launch of new blockchain network

Robinhood is no longer just giving crypto users a trading button. The brokerage is now pushing deeper into blockchain infrastructure with the launch of Robinhood Chain, a public Layer 2...

Finance News
Rush Street Interactive CEO Richard Todd Schwartz offloads $4.94 million in shares

Rush Street Interactive CEO Richard Todd Schwartz has offloaded $4.94 million in shares a significant transaction involving the sale of 158,334 shares of its Class A Common Stock. This move,...

Finance News
Arizona reports $46.2 million in full year tribal gaming revenue

The Arizona Department of Gaming reported $46,232,390 in tribal gaming contributions to the Arizona benefits fund for the fourth quarter of Fiscal Year (FY) 2026. This represents an approximate 1.9...

Finance News
Onyx Odds raises $20 million led by Kraken parent Payward

Onyx Odds, based in New York, a social sports prediction platform, has raised $20 million in a Series A funding round. This latest investment brings the company to a valuation...

Finance News
Kalshi reportedly seeks new funding at $40 billion valuation

Kalshi is currently negotiating to raise funds at a valuation estimated at around $40 billion, nearly doubling the amount investors paid for the prediction market operator just last month. According...

Finance News