Location: +United States
Genius raises outlook as sports betting tech drives record profit
Genius Sports raised its 2025 guidance Wednesday after second-quarter results showed strong momentum in its sports betting technology... more
As Q2 yields record revenue, DraftKings CEO says company will monitor prediction markets
DraftKings CEO Jason Robins is not ruling out getting into prediction markets. During Thursday’s investors call, Robins said the company... more
DraftKings sets second-quarter record with revenue up 37% to $1.51 billion
DraftKings posted revenue of $1.51 billion for the second quarter of 2025, an increase of $408 million, or 37%, compared to $1.1 billion... more
Penn Entertainment revenue for second quarter was “solid,” CEO says
Penn Entertainment posted revenue of $1.4 billion in the second quarter, comparable to the $1.3 million revenue in the same time period of... more
Light & Wonder to delist from Nasdaq, trade shares solely in Australia
Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue delisting from the... more
Light & Wonder revenue down, profit up in second quarter
Game manufacturer Light & Wonder reported second-quarter earnings on August 6. Revenues were one percent lower than in the parallel... more
Nationwide horse racing handle shrinking amid bad weather, computer-assisted wagering
The sport of kings is bleeding betting dollars again this year, and bad weather, eyebrow-raising disqualifications, and odds spikes driven... more
Hard Rock fires senior VP over alleged AML violation at Dominican casino
Hard Rock International fired Alex Pariente, a senior vice president for hotel and casino operations, after a whistleblower’s allegation of... more
New ESPN Bet feature integrates fantasy sports with betting app
ESPN Bet, in collaboration with Penn Entertainment, has launched a new feature designed to merge fantasy sports with sports betting. The... more
Kambi CEO passes Nevada licensing hurdle
The Nevada Gaming Control Board Wednesday recommended the CEO of Malta-based Kambi Group, a B2B sports betting supplier, be granted a... more
