Posts From: December 2025

New York sportsbooks report record betting revenue in November

The New York State Gaming Commission reported revenues of $280.6 million in total online sports betting for November up 21% from the prevoius year. New York sports betting launched in the Empire...

Finance News
New Hampshire gaming revenue tops $107 million in third quarter 2025

New Hampshire’s third quarter sports betting revenue marked a turning point for the sports wagering economy, with a record $90.9 million in total handle, the state posted its highest volume...

Finance News
Outlier secures $11m funding to expand sports betting platform

Sports betting technology company Outlier has announced it has raised $10.7 million in a Series A funding round, including $5.7 million in equity led by Discerning Capital and $5 million earmarked for user acquisition....

Finance News
Kalshi’s valuation doubles to $11 billion

Kalshi said on Tuesday it had raised $1 billion in a financing round, more than doubling its valuation at $11 billion in about two months, as interest in prediction market...

Finance News
Rivalry posts 19% third quarter revenue rise to $1.93 million

Rivalry an internationally regulated sports betting and media company, has announced financial results for the three and nine-month period ended September 30, 2025. Net revenue increased 19% sequentially to $1.93...

Finance News
Entain stock rating upgraded by JPMorgan

JPMorgan has upgraded Entain stock rating from Neutral to Overweight while adjusting its price target to GBP10.90 from GBP11.50, citing the company’s resilient market share momentum. The investment bank noted Entain’s solid...

Finance News
Rhode Island gaming revenue up 40% in October

Rhode Island’s sports betting market posted $43.7 million in handle for October 2025, continuing steady upward trend in the second half of the year. The month produced $3.06 million in...

Finance News
Louisiana sports betting revenue tops $458 million in October

Louisiana recorded one of its strongest sports betting months to date in October 2025, generating $458,837,317 in total wagers and $47,864,057 in gross gaming revenue. A 10.43% hold and $10,655,899...

Finance News
UK gambling stocks rebound after tax rises

Shares in some British betting and gaming firms rebounded late on Thursday after initial fears over increased gambling duties eased, though top firms are facing hundreds of millions of pounds in extra...

Finance News
Iowa Lottery sales up 5% in October to $36.7 million

The Iowa Lottery says it saw record sales of $36.7 million in revenue for October up 5%. Fourteen Iowa Lottery players claimed prizes of at least $500,000 during the fiscal...

Finance News