Flutter cuts 2026 guidance again as FanDuel EBITDA falls 94% to $3M in Q3
Flutter's Q3 revenue was $3.87B with a net loss of $862M, and the company trimmed full-year guidance a second time while FanDuel's US revenue grew 6%, the lone
Gambling Insider · +12 outlets
Nebraska voters reject online sports betting despite $22.5M industry-funded campaign
The defeat, after FanDuel and DraftKings spent more than $20M, is being read as a warning sign for future US gambling expansion at the ballot box.
Sbcamericas · +3 outlets
New York AG moves to compel Kalshi records on influencer ads and 'no house' claims
Letitia James' filing opens another front in New York's fight with the prediction market operator over its marketing and market-making practices.
Sbcamericas · +3 outlets
Ohio senator pushes bill to classify sports prediction markets as gambling after federal ruling
The Sixth Circuit decision has prompted Ohio lawmakers to move on legislation that would also ban election trading via event contracts.
Sbcamericas · +14 outlets
Election Day 2026: statewide and local votes to shape US sports betting and prediction markets
Voters weighed one statewide sports betting question, several local casino measures and dozens of races that will decide gambling policy in the next legislative
Sbcamericas · +12 outlets
Sportradar says state crackdowns on prediction markets pose no threat as business booms
CEO Carsten Koerl said the data firm is unconcerned about more states shutting out sports prediction markets after reporting strong uplift from event contracts.
Sbcamericas · +1 outlets
FanDuel weighs prediction market spending as it balances future customers against standalone profits
The unit is deciding how aggressively to fund prediction market products relative to its core sportsbook economics.
https://www.ingame.com/
DraftKings Q3 earnings preview: sportsbook growth and costs in focus
Analysts are watching DKNG's sportsbook growth and cost trajectory heading into the report, with shares under pressure this year.
Zacks Investment Research · +5 outlets
Alberta online sports betting and casino apps go live
The Canadian province opened its regulated commercial market, with operators now accepting bets under the new framework.
RotoWire · +14 outlets
Ontario sports betting revenue jumps 27% in September as NFL season opens
The Canadian province's regulated market posted the increase as football betting volume returned.
Casino.org
Michael Rubin's Fanatics betting ambitions face steeper climb after Tuesday's results
Rubin's goal of making Fanatics the No. 1 US betting operator got harder after election outcomes went against industry-backed expansion.
Fortune · +1 outlets
Ohio sports betting revenue up 7% through September on higher hold
The state's regulated operators reported improved revenue despite flat or lower handle, driven by a better win rate.
Deadspin · +7 outlets
Needham reiterates $30 target, says DraftKings selloff overdone
The analyst note argues the recent share decline overshoots the company's fundamentals ahead of Q3 results.
TIKR.com · +1 outlets
North Carolina sports betting handle reaches $691.3M in September
The monthly figure reflects continued volume in one of the newer US regulated sports betting markets.
Betting News · +2 outlets
New York sports betting handle and revenue rise in weekly October numbers
Weekly reporting from the state shows both wagering volume and operator revenue up month over month.
The Closing Line · +14 outlets
DraftKings Predictions: how it works, available states and what bettors need to know
A guide to the operator's prediction market product and the states where it operates.
Sporting News · +14 outlets
Fanatics Markets guide: how the prediction market product works and where it is available
A walkthrough of Fanatics' event contracts offering and its state footprint.
Sporting News
Empire State Building hires former FanDuel executive to lead observatory turnaround
The landmark tapped an executive from the betting industry to revive its faltering observatory business.
Crain's New York