Prediction Markets
March 20, 2026
Kalshi Secures $1B in Capital, Valuation Reaches Approximately $22B
Reports say that prediction markets leader Kalshi has secured $1 billion in fresh capital in its latest funding round. According to people familiar with the matter, the round was led by Coatue Management. The Funding Round Sends Kalshi’s Valuation into the Stratosphere Coming shortly after rumors suggesting that Kalshi was on the lookout for extra […]
Business
March 20, 2026
Allwyn Posts Steady Growth in 2025, Eyes Strategic Expansion
Allwyn closed out 2025 with steady momentum. Under the surface, however, the company focused on its significant restructuring efforts as it balanced rising revenues with shifting costs and a series of strategic moves aimed at redefining its global footprint. Going into 2026, Allwyn will likely aim to maintain growth while streamlining its existing operations. Most […]
Business
March 17, 2026
Star Entertainment Might Take $400M Loan from WhiteHawk Capital
Executives from California-based private credit firm WhiteHawk Capital have traveled to Australia to tour Star Entertainment’s casinos as they weigh the possibility of lending the struggling operator more than $400 million, according to local news outlet Australian Financial Review. WhiteHawk Capital Visit Star Entertainment’s Casinos According to the reports, WhiteHawk’s Managing Director Alex Zuckerman visited […]
Business
March 17, 2026
Bally’s Corp. Publishes Preliminary 2025 Report, Outlining Year of Strategic Progress
Bally’s Corporation has published its preliminary financial report for Q4 2025 and the full year ended December 31, 2025. The results highlighted an increase in revenue in Q4 and stable metrics for the full year. Bally’s Posted Strong Q4 Financials In its report, the company highlighted company-wide revenue of $746.2 million for the fourth quarter […]
Business
March 16, 2026
Analyst Urges Higher Bid in Potential Caesars Takeover
Speculation around a potential acquisition of Caesars Entertainment is growing stronger, with analysts suggesting the casino giant should demand a much higher price if takeover discussions move forward. Caesars Urged to Seek Premium Bid Above $35 Per Share Recent market rumors indicate that billionaire businessman Tilman Fertitta and investor Carl Icahn could have an interest […]
Business
March 16, 2026
Jefferies Analyst Says AI Adoption Accelerates Across Gaming Sector
Artificial intelligence is beginning to reshape operations across the global gaming industry. Casino groups, lottery providers, and sportsbooks explore ways to integrate the technology into their platforms. AI Set to Transform Marketing and Operations in Casinos A recent industry analysis by Jefferies analyst David Katz suggests that companies capable of using AI tools could gain […]
Business
March 12, 2026
Tilman Fertitta Emerges with a $7B Bid to Acquire Caesars Entertainment
Billionaire businessman Tilman Fertitta is again eyeing an explosive entry into the US casino industry, reportedly entering exclusive negotiations to acquire Caesars Entertainment in a deal valued at roughly $7 billion. Despite this significant push, it remains uncertain whether the negotiations will result in a final agreement. If successful, however, the deal could reshape the […]
Business
March 5, 2026
Entain Reports Strong FY2025 as BetMGM Reaches Profitability
Entain achieved substantial growth in fiscal year 2025, propelled by solid online expansion and successful operational results from its BetMGM venture. The London-based betting and gaming company generated stronger earnings and improved cash flow. It also achieved its first full year of profitability through its American business partnership, signaling a shift from years of heavy […]
Business
March 2, 2026
Penn Entertainment Posts Q4 Results, Expects Major Cost Savings in 2026
Penn Entertainment has published its financial report for Q4 2025, highlighting record digital gaming results and strong retail performance despite weather-related setbacks. Penn’s Q4 Results Highlighted Its Strong Position In its report, Penn Entertainment said that its Q4 revenues increased to $1.8 billion versus $1.7 billion in the prior year quarter. At the same time, […]
Business
March 2, 2026
Flutter Entertainment’s FY 2025 Report Outlines Mixed Results
Gaming giant Flutter Entertainment has published its financials for 2025, highlighting a mixed bag of results. While the company’s revenue and EBITDA grew, its net income declined significantly, prompting another dip in its share price. Net Income Plummeted, Despite Increases in Revenue, EBITDA Flutter’s Q4 2025 results outlined significant setbacks reflected in a staggering 94% […]
