Prediction Markets
February 5, 2026
Kalshi Disputes Report Claiming That Prediction Markets Users Lose Money Faster
A recent report by a Wall Street analyst suggested that regular prediction market users lose money faster than their traditional sports betting peers. Needless to say, Kalshi wasn’t exactly pleased. The Report Said Prediction Markets Favor Pro Traders The initial report was the brainchild of Citizens analyst Jordan Bender and cited betting data to suggest […]
Business
February 5, 2026
Playtech’s H2 2025 Update Highlights the Company’s Strength
Playtech has published its trading update for H2 2025, reporting strong performance and setting optimistic expectations for its financial report. However, the company also acknowledged certain headwinds that it is now facing in certain key markets, such as the UK. Playtech Bullish on 2025, Optimistic about 2026 The update highlighted Playtech’s continued strength, which was […]
Business
February 5, 2026
Evolution Pleased with FY 2025 Financials Despite Multiple Setbacks
Evolution, a provider of cutting-edge online casino games and live casino experiences has published its financial results for the final quarter of 2025, reporting decreases in revenue and EBITDA. Despite that, the net revenues for the full year remained stable. Evolution Faced Some Setbacks in Q4 In Q4 2025, Evolution’s net revenues reached EUR 514.2 […]
Business
February 4, 2026
2025 Was a Record Year for BetMGM, Which Exceeded All Expectations
Online gaming and sports betting giant BetMGM has published its financial results for 2025, highlighting performance that exceeded its leadership’s expectations. As revenue continued to experience double-digit growth, the company turned EBITDA positive, sparking optimism about its long-term success. BetMGM Remains on Track to Achieve EBITDA of $500M in 2027 The report outlined FY 2025 […]
Business
February 4, 2026
Crypto.com Bets on Prediction Markets with Launch of Its OG Platform
Crypto.com has doubled down on its US expansion plans with the launch of OG, a standalone prediction market platform that brings regulated event trading to a wider audience. The company intends to expand its current operations into a vertical that has drawn growing interest from sports fans, investors, and regulators while incorporating lessons learned from […]
Sports
February 3, 2026
BetMGM Updates Terms to Explicitly Ban Athlete Harassment
Online gaming and sports betting giant BetMGM announced that it has updated its terms of service, introducing new rules to shield athletes from harassment. The changes come amid a broader push against betting-motivated athlete harassment. BetMGM Wants to Protect the Sports Sector’s Integrity In its announcement, the betting company said that its terms of service […]
Business
February 3, 2026
Accel Entertainment Unveils Team Changes, CEO Role Succession
Accel Entertainment, a leading distributed gaming operator in the US, announced major C-suite changes and board additions. Among other things, the company confirmed the upcoming succession of the CEO position. Accel Entertainment Enacts Major C-Suite Reshuffling In its announcement, Accel Entertainment said that its founder and chief executive officer, Andy Rubenstein, has been selected as […]
Business
February 3, 2026
Scientific Games Names Ovie Doro as SVP of Data, Analytics & AI
Scientific Games an international provider of lottery games, technology, analytics and services to government-sponsored lotteries, announced the addition of a new team member. According to the company’s announcement, the experienced Ovie Doro will join the business as its new senior vice president of data, analytics and artificial intelligence. Analytics Expert Joins the Company’s Team Scientific […]
Business
February 3, 2026
Michael Burry Flags MGM and Wynn as Unlikely GameStop Acquisition Targets
Investor Michael Burry, best known for shorting the housing market ahead of the 2007 real estate bubble collapse, has made another bold move. Years after cementing his reputation, he is once again stirring speculation by flirting with the idea that MGM Resorts International and Wynn Resorts could present an M&A opportunity for none other than […]
Business
February 3, 2026
Yolo Group Assets on the Chopping Block as Tim Heath Reportedly Considers Sale
Yolo Group’s founder, Tim Heath, is reportedly eyeing a potential sale of assets or even brand closures. According to the reports, this comes in response to growing headwinds crypto casino companies have been facing. Yolo Group Considers Selling Assets, Reports Say For context, Yolo Group is a global IT and technology company serving the gaming, […]
