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...
02 Dec 2025
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...
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...
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...
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...
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...
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...
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...
Paddy Power and Betfair owner Flutter Entertainment has warned the Government’s Budget move to hike gambling taxes will hit its annual earnings by hundreds of millions of pounds over the...
Britain’s Office for Budget Responsibility said finance minister Rachel Reeves is set to increase duties on gambling in the country in a move which will raise an estimated 1.1 billion...
Greece’s largest gaming company OPAP posted a slight increase in third-quarter core profit on Tuesday, with strong lottery sales offsetting rising operating costs. Earnings before interest, tax, depreciation and amortisation (EBITDA)...
