Business
May 27, 2026
Caesars Digital Head Talks About the Challenges the Company Currently Faces
Last week, Eric Hession, the president of Caesars Digital, spoke before the Nevada Society of Certified Public Accountants about the risks for gambling operators related to higher tax rates on the sports betting industry and the growth of prediction markets. Hession Talks About Current Worries Caesars Has Hession said he feared that once the government […]
Business
May 22, 2026
Strong Recovery: Resorts World Las Vegas Reports 26% Revenue Jump
Following a challenging period, Resorts World Las Vegas has positive news to report, with strong growth in both revenue and earnings during the first quarter of the current year. 26% Rise in Revenue The financial results released by parent company Genting Berhad say that the Las Vegas property generated a total of $209 million in […]
Industry
May 21, 2026
Louisiana Gaming Revenue Experiences Double-Digit Growth in April
The Louisiana Gaming Control Board has published a financial report outlining the industry’s performance in April. As it turns out, allowing casinos to move inland has been a popular move, resulting in a spike in casino revenue. Riverboats and the Sole Land-Based Casino Performed Well The Louisiana Gaming Control Board stated that the local gaming […]
Business
May 20, 2026
AI-First Hedge Fund Badass Capital to Explore Betting, Crypto & Prediction Markets
Mark Thomas, the businessman behind ZenSports, announced a new hedge fund venture. The so-called Badass Capital will be what officials described as an “AI-first hedge fund” that deploys proprietary AI models and agents across three high-growth, inefficiency-rich markets. Leveraging AI to Explore Betting, Crypto & Event Contract Spaces According to the official announcement, Badass Capital […]
Industry
May 19, 2026
Macquarie Bullish on US iGaming as the Sector’s Revenues Soar
Financial services firm Macquarie has expressed strong confidence in the US iGaming sector, citing its strong performance amid a mixed period for sports betting. The iGaming Industry Is in a Good Spot Macquarie said that US online casino gaming is on the rise, despite its limited reach compared to sports betting. Whereas over half of […]
Business
May 13, 2026
Brightstar Reports Stable Q1 Results Due to Tailwinds
Brightstar Lottery has published its financial results for Q1 2026, reporting stable revenue. The company also published its FY 2026 forecasts, saying that it expects an increase in adjusted EBITDA. The Company Started 2026 on a Strong Note Brightstar Lottery’s Q1 report outlined revenue of $587 million for the three-month period ended March 31. This […]
Business
May 12, 2026
Waterhouse VC Secures Option to Buy Stake in Spinlab Studio
Waterhouse VC, an Australian investment fund specializing in global publicly listed and private businesses operating in wagering and gaming, has secured a three-year option to acquire a stake in Spinlab Studio, a no-code iGaming platform allowing clients to build, launch, and scale their own platforms. Waterhouse Could Acquire a Non-Controlling Stake in the Company Waterhouse […]
Business
May 12, 2026
Super Group Posts Record-Breaking Q1 Results, Reaffirms 2026 Guidance
Super Group, the company behind Betway and Spin, has published its financials for the three months ended March 31. In its report, the company revealed double-digit growth in revenue and EBITDA, highlighting a strong period for its business. The Company’s Metrics Improved Across the Board Super Group’s unaudited consolidated results for Q1 2026 outlined revenue […]
Business
May 8, 2026
DraftKings Reports Growth in First Quarter of 2026
DraftKings Inc. just revealed its financial results for the first quarter of 2026, reporting a revenue of $1,646 million, which is a 17% increase compared to the $1,409 million during the same period last year. Here Are Some Important Numbers Interestingly, these results come as monthly unique payers (“MUPs”) declined 4% year over year to 4.2 […]
Business
May 8, 2026
Genius Sports Q1: Company Enhances Revenue Projections Due to Legend Acquisition
Genius Sports has published its Q1 report, highlighting double-digit growth across both of its divisions. Despite revenue and EBITDA improvements, however, the company’s net loss broadened due to its recent acquisition of Legend. Genius Sports Recorded Double-Digit Revenue & EBITDA Growth Genius Sports reported that in the three-month period ended March 31, 2026, its group […]
