Posts From: October 2025

IG sells small exchange to Kraken owner in $100m deal

Crypto heavyweight Kraken said on Thursday it has acquired futures exchange Small Exchange from IG Group for $100 million, paving the way to launch a fully U.S.-based derivatives suite. The...

Finance News
FDJ United’s Q3 revenue up 29% to €864 million

FDJ United saw its revenue jump 29.2% to €864 million, based on reported figures, but it declined 3% based on adjusted figures and -0.7% with constant gaming taxes. With the...

Finance News
Danish gambling revenue up 25% in August

The latest monthly statistics from the Danish Gambling Authority shows that Danes’ gambling spend increased in August 2025 compared to the same month last year.  The statistics show that Danes’...

Finance News
Rei do Pitaco secures $18 million in funding from PvX partners

PvX is backing Rei do Pitaco with $18 million in user acquisition financing, marking their first investment in Brazil and a major milestone in their expansion into LATAM. This partnership...

Finance News
BETBY third-quarter revenue hits record high as GGR surges 56%

BETBY, a leading sportsbook supplier, has reported another strong quarter, with its Q3 2025 performance underlining consistent growth and sustained engagement across its global partner network. The results highlight the...

Finance News
Entain reports 6% rise in third-quarter gaming revenue

Entain has kept its full-year outlook unchanged after growth slowed in the third quarter. Total group net gaming revenue (NGR), including BetMGM, was up 6%, or 7% at constant currencies,...

Finance News
Rank Group reports strong Q1 with 9% revenue rise across all businesses

Rank Group has started its 2025/26 financial year with strong performance, reporting a 9% increase in like-for-like Net Gaming Revenue (NGR) to £210.2 million for the first quarter ended September 30....

Finance News
BetMGM increases full-year guidance after strong Q3

BetMGM, a leading sports betting and iGaming operator across North America, jointly owned by Entain plc and MGM Resorts International has provided an update on its Q3 2025 performance. Q3...

Finance News
Kalshi’s $300M raise values firm at $5B as it tops Polymarket in market share

Prediction market platform Kalshi has announced a Series D funding round of over $300 million at a $5 billion valuation, led by Sequoia and Andreessen Horowitz (a16z), with significant participation...

Finance News
Pennsylvania Lottery sales top $460 million in August

The Pennsylvania Lottery generates its best monthly sales of the year so far in August, rising by 8% to $460.1 million. “We are thrilled to report that the Pennsylvania Lottery...

Finance News