Posts From: October 2025

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
Splash Sports raises $14.5 million to redefine the way fans compete

Splash Sports, the leader in skill-based social sports gaming, announced today it has raised $14.5 million in Series B funding to expand its product suite, scale marketing and partnerships, and...

Finance News
North Carolina sports handle hits new high in September

High volume in activity during September yielded the fifth highest month of tax proceeds through legal sports wagering in North Carolina. NFL football and full schedules for the collegiate teams...

Finance News
Aristocrat announces agreement to acquire Awager

Aristocrat Leisure has announced that it has agreed to acquire Awager Ltd (Awager), from funds managed by Oaktree Capital Management, L.P. for an undisclosed sum, subject to the receipt of...

Finance News
Entain boss warns Labour against gambling tax rise

The chief executive of Entain, the FTSE 100 owner of Ladbrokes and Coral, has warned the government that higher gambling taxes in next month’s Budget could lead to widespread betting...

Finance News
Sportradar’s acquisition of IMG Arena approved by UK regulator

The UK’s Competition and Markets Authority has decided not to refer Sportradar’s acquisition of IMG Arena to an in-depth investigation, the antitrust watchdog said in a statement on Friday. The...

Finance News
Ohio sports betting revenue tops $650 million in August

The Ohio sports betting revenue has been making record-breaking headlines since the state legalized online sports betting in 2023. In August 2025, Ohio again surpassed expectations by recording a sports...

Finance News
Kalshi stuns the sports betting sector with huge trading volume

By setting new trading records, the prediction platform Kalshi has caused a stir in the sports betting industry. The platform broke its previous record of $260 million, set on the...

Finance News