Flutter CEO Peter Jackson Steps Down; Q2 Profit Falls 45%, FY Guidance Cut
Flutter reported Q2 revenue of $4.33B but profit fell 45% and FY profit guidance was cut by $210M as taxes and World Cup costs hit. CEO Peter Jackson will step
SBC Americas · +14 outlets
Around $3B Wiped Off Major US iGaming Stocks as Shares Plunge
A broad selloff hit US gaming stocks, with Flutter and DraftKings among those declining sharply after Flutter's earnings miss and guidance cut.
egr.global · +3 outlets
DraftKings Stock Slumps Ahead of Q2 Earnings Amid Prediction Market Pressure
DraftKings shares fell sharply before its Q2 report as analysts flagged prediction market competition and a potential World Cup drag on sportsbook revenue.
Benzinga · +5 outlets
Flutter Moves All FanDuel Predicts Sports Contracts to Crypto.com, Ramps Market Making
Flutter is shifting all sports and novelty prediction contracts to Crypto.com's exchange, signaling deeper commitment to prediction markets despite earnings pre
DeFi Rate · +4 outlets
Tribal Leaders Urge Senate to Act on Prediction Markets at Senate Roundtable
Senior tribal gaming leaders and Ohio's Solicitor General called for swift federal action to curb sports prediction markets at a Senate Committee on Indian Affa
SBC Americas · +14 outlets
Polymarket Partners with Genius Sports for Live Streaming on Prediction Platform
Polymarket will integrate live game streaming into its US prediction markets through a Genius Sports deal, adding real-time data to trading.
Legal Sports Report · +14 outlets
Kalshi Denied Injunction in Utah to Block State Gambling Enforcement
A federal judge in Utah denied Kalshi's request for an injunction against state gambling-law enforcement, granting summary judgment to Utah.
SBC Americas · +14 outlets
DraftKings Dragged Into Prediction-Market Lawsuit Wave
DraftKings was named in a wave of lawsuits related to prediction markets, adding legal risk to the operator.
Front Office Sports · +4 outlets
Sportradar Cuts Guidance as Wall Street Awaits Prediction Market Contribution
Sportradar reduced its financial guidance, with analysts looking for prediction market revenue to offset sportsbook headwinds.
LegalSportsReport · +1 outlets
Novig Relaunches as Prediction Markets Platform in 47 States
Novig transformed into a sports-focused prediction market exchange after receiving federal registration, launching across the US.
SBC Americas · +10 outlets
SBC Launches Global Prediction Markets Forum in Lisbon
SBC announced a standalone Global Prediction Markets Forum on Oct. 1 in Lisbon, dedicated to the fast-growing prediction market sector.
SBC Americas · +5 outlets
Kambi Enters Nevada with Station Casinos Sportsbook Deal
Kambi signed a landmark omni-channel sportsbook and player account management platform agreement with Station Casinos in Nevada.
gamingintelligence.com · +4 outlets
FanDuel Q2 Revenue Dips 15% as Bettors Win on World Cup, NBA
FanDuel's Q2 revenue fell 15% due to favorable results for bettors during the World Cup and NBA, while the company said it is 'happy' without an in-house exchan
Covers.com · +1 outlets
Flutter Lowers Guidance, Ups Investment in FanDuel Promo Spend
Flutter cut its FY profit guide by $210M while lifting US promo spend to 6% of handle to regain momentum at FanDuel.
CDC Gaming · +1 outlets
Super Group Posts All-Time High Q2 Revenue of $684M
Super Group reported record quarterly revenue of $684 million for Q2, marking its best-ever financial performance.
egr.global · +2 outlets
DraftKings Sportsbook Goes Live in Alberta
DraftKings launched its sportsbook in Alberta, Canada, joining the province's newly regulated online betting market.
Bookies.com · +14 outlets
Ontario Sports Betting Handle Tops $1B in June
Ontario's regulated sports betting market surpassed $1 billion in handle for June, a milestone for the province.
igaming.org · +4 outlets
Ohio Sports Betting Handle Reaches $658.9M in June
Ohio's sports betting handle totaled $658.9 million in June, reflecting continued growth in the state's market.
igaming.org · +1 outlets