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Top story Flutter cuts full-year outlook as Q3 revenue misses, Brazil exit and sports results hit earnings

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Flutter Entertainment's FanDuel parent reported a Q3 revenue miss, paused buybacks and lowered 2026 guidance after unfavorable sports results and its Brazil market closure.

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InvestingFlutter Q3 2026 slides show US momentum despite earnings miss BiggoFlutter shares dip as Q3 revenue misses estimates; FanDuel parent pauses buybacks and cuts 2026 outlook CoversFanDuel Revenue Up 6% Despite Unfavorable Sports Results in Q3 ManilatimesFlutter Entertainment PLC: Q3 2026 Earnings Release GlobenewswireFlutter Entertainment PLC: Q3 2026 Earnings Release Appeconomyinsights📊 PRO: This Week in Visuals MSNFlutter cuts full-year outlook after Q3 revenue and EBITDA miss estimates

Nebraska voters reject online sports betting despite $22.5M industry campaign

Sbcamericas

The ballot defeat, funded heavily by FanDuel and DraftKings, is being read by some in the industry as a warning sign for future US gambling expansion.

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SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling Expansion RgNebraska 440 and 441: Betting Campaign Raises Nearly $22.5M ReadwriteNebraska voters appear to reject online sports betting despite nearly $22.5 million campaign

DraftKings faces Q3 earnings test after tough sports betting results

Yahoo

Analysts and previews flag sportsbook growth, cost control and valuation as the key swing factors ahead of DraftKings' quarterly report.

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GurufocusDraftKings (DKNG) Set to Report Q3 Earnings Amid Mixed Valuation Signals TradingviewDraftKings (DKNG) Q3 earnings report preview: what to look for ZacksDKNG Gears Up for Q3 Earnings: Sportsbook Growth & Costs in Focus YahooOne Big Reason Investors Should Keep an Eye on DraftKings 247wallstOne Big Reason Investors Should Keep an Eye on DraftKings YahooDraftKings Inc. (DKNG) latest stock news and headlines YahooDraftKings Inc. (DKNG) latest stock news and headlines YahooDraftKings Inc. (DKNG) stock price, news, quote and history YahooDKNG Gears Up for Q3 Earnings: Sportsbook Growth & Costs in Focus

Arkansas AG sues Kalshi and VGW in sweeping crackdown on prediction markets and sweepstakes

Sbcamericas

Arkansas Attorney General Tim Griffin filed separate suits accusing the prediction market operator and sweepstakes casino company of offering illegal gambling in the state.

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Second Circuit denies Kalshi's New York relief request as prediction market rulings stack up

Sbcamericas

The appeals court turned down Kalshi's bid for temporary relief against New York and Connecticut authorities and Coinbase's parallel injunction motion in Connecticut.

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TokenpostSecond Circuit Denies Coinbase, Kalshi Interim Protection in State Cases UnchainedcryptoSecond Circuit Won’t Pause New York, Connecticut Actions Against Kalshi and Coinbase DefirateKalshi Second Circuit Injunction Denial Clears Lawsuits to Continue GamingamericaNew York and Connecticut Could Block Kalshi Sports Markets By Early 2027 After Latest Ruling SubstackPrediction Markets’ Next Big Bet Is in the Appeals Courts YahooFederal Judge Denies Kalshi’s Emergency Injunction Request in New York TimesunionState suit calls Kalshi prediction markets unlicensed, illegal gambling BitcoinfoundationCFTC Steps In to Protect Kalshi as New York Seeks $36 Billion in Prediction Market Fight ThedefiantCoinbase, Kalshi Denied Shield From State Prediction-Market Enforcement HartfordbusinessKalshi asks appeals court to block CT gambling enforcement LegalsportsreportSecond Circuit Allows NY, CT To Enforce Laws Against Kalshi, Coinbase WsnAre Prediction Markets Legal in the US? (November 2026)Cbs6albanyFederal judge rejects Kalshi bid to block New York gambling law enforcement

New York AG asks court to compel Kalshi records on influencer ads and 'no house' marketing claims

Sbcamericas

Letitia James opened a new front in the state's dispute with Kalshi, seeking records on its influencer marketing and market-making operations.

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GamblinginsiderThe Gambling Wire: New York’s Legal Battle With Kalshi Expands With New Subpoena Action SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling Expansion SubstackPrediction Markets And Midterms: A Postmortem

New Flutter CEO Dan Taylor leans on FanDuel promotions and product upgrades to rebuild engagement and profit

Briefs

Flutter's incoming CEO is betting that richer rewards and product investment at FanDuel will convert engagement into profit as the unit's earnings suffer.

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CNBCNew Flutter CEO bets on FanDuel promotions to win customers as profits suffer LegalsportsreportFlutter CEO: Focus On Building FanDuel Market Leadership, Growing Predictions IngameAim For Future Sportsbook Customers Or Standalone Profits? FanDuel Weighs Prediction Market Spending Strategies SimplywallFlutter Entertainment (NYSE:FLUT) - Stock Analysis MSNNew Flutter CEO bets on FanDuel promotions to win customers as profits suffer

Sportradar CEO says states shutting out prediction markets is no concern as event contracts fuel Q3 growth

Sbcamericas

Carsten Koerl told investors the data firm sees significant uplift from sports event contracts even as more states weigh restrictions.

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SubstackThe Cashout: NY Sports Betting Handle, Revenue Are Up In Weekly October Numbers Ingame[Live] Sporttrade Adds DCM License, Pivot From State Regulation Complete

Ohio senator moves to regulate prediction markets and ban election trading after Sixth Circuit ruling

Sbcamericas

An Ohio state senator wants legislation classifying sports prediction markets as sports gambling, citing a recent federal appellate decision.

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SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling Expansion SubstackPrediction Markets And Midterms: A Postmortem DispatchPeople are betting on Ohio elections. Do the odds mean anything?Pbs2026's elections could test how skyrocketing trading on prediction markets affects races and results Ars TechnicaA senator tried to ban gambling on prediction markets-now she’s a Kalshi lobbyist CfrBetting on Democracy Nbc4iOhio bill would ban gambling on elections The GuardianAre prediction markets accurate on elections? The US midterms are a big test AmericanprogressGovernment Insiders Must Be Prevented From Profiting on Prediction Markets at the Expense of National Security PewresearchMore than half of states restrict betting on elections SpectrumlocalnewsSenate bans members, staff from prediction market betting NbcnewsSenate bans members and staff from trading on prediction markets

Fanatics' betting ambitions face a steeper climb after Tuesday's election results

Fortune

Michael Rubin's push to make Fanatics the top US betting brand was set back by ballot outcomes in key states.

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Flutter's prediction market business posts 102% quarterly growth

Frontofficesports

The FanDuel parent reported prediction market volume more than doubled versus the prior quarter, underscoring the segment's rapid expansion.

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RgFlutter Q3 2026: US Adjusted EBITDA Falls 94%, Guidance Cut IgamingbusinessFlutter cuts FY26 guidance as Brazil exit and sports results hit Q3 earnings CoversFanDuel Hopeful for Sports Betting Legalization Post-Midterms NextQ3 2026: Flutter cuts FY outlook as Brazil closure and sports results hit earnings InvestingEarnings call transcript: Flutter Entertainment posts Q3 2026 loss, cuts guidance By Investing.com Stocktitan$873M in non-cash Brazil charges hit Flutter (FLUT) as its Q3 loss widened.

Ontario sports betting revenue jumps 27% in September as NFL season opens

Casino

The Canadian province's regulated market posted double-digit revenue growth for the month, aided by the return of NFL wagering.

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Election Day 2026: Which races could change US sports betting, prediction markets?

Sbcamericas

Election Day featured one statewide sports betting question, several local casino votes and dozens of races that will shape gambling policy.

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ReutersPrediction markets get Democratic win right, with a few surprises The GuardianAre prediction markets accurate on elections? The US midterms are a big test NymagKalshi Also Won the Midterms CNBCPrediction markets cement their status after forecasting Democratic sweep of Congress YahooPrediction markets vs. polls: Election forecasting industry faces midterm test The Wall Street JournalThe Prediction-Market Bettors Who Turned Election Night Into a Real-Time Casino ThehillPrediction markets foresaw Democratic dominance in midterm elections NewsnationnowHow accurately did polling, Polymarket data predict 2026 election results?ForbesOnline Betting Odds Of Democratic Senate Win Surge On Election Day VarietyMidterm Elections: Americans Have Wagered $1.9 Billion on Prediction Markets on U.S. Races - With Democrats Favored to Win House and Senate WlrnPrediction markets take some thunder from election polls and add a financial incentive SubstackNebraska Rejects Online Sports Betting, But Election Results Could Help Gambling Expansion Covers2026 Midterm Results: Prediction Market Accuracy and Key Upsets

Ohio sports betting revenue rises 7% through September on higher hold

Deadspin

Ohio operators booked more revenue year to date as a better hold rate offset wagering trends.

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CoversNew York Sportsbooks' Revenue Slumps in September Despite Higher Handle ActionnetworkOhio Casinos Bring In $87.7 Million as All Four Post Annual Gains WorldcasinodirectoryBetMGM Shifts Focus to iGaming as Competition Intensifies IngameNew York Sportsbooks Reap Record $281 Million In November ThelinesOhio Sportsbooks Claim $87.7M in Revenue for September

North Carolina sports betting handle reaches $691.3 million in September

Bettingnews

The state posted another strong monthly wagering total, reinforcing its standing among newer legal US markets.

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IntergameonlineNorth Carolina sees sports betting revenue jump 33% in September CasinoNorth Carolina Sports Betting Continues to Grow in September

New York sports betting handle and revenue rise in weekly October numbers

Substack

The latest weekly figures show New York's sportsbooks continuing to grow wagering volumes and revenue into the fall.

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RgNew York Sports Betting: $63.3M Revenue for Week of Oct. 18 YonkerstimesWhat New York’s Sports Betting Numbers Say About Yonkers Habits CoversNew York Sports Betting Handle Declines During NFL’s Week 3 LegalsportsreportSports Betting Revenue Tracker: US Handle & Revenue By State YahooNew York Sees $26.3B in Sports Bets in 2025 AmericangamingCommercial Gaming Revenue Tracker NysfocusIn Brief: Sports Betting in New York ESPNSports betting hits record $16.96 billion in revenue in 2025 TaxfoundationBets on Legal Sports Markets Pay Off Big for States, Sportsbooks, and Consumers CBS Sports2024: A year of growth for sports betting revenue FortuneSports betting is America's new pastime, and it's bigger than movies, music, and museums together as Americans wage a whopping $166 billion on bets SbcamericasNew York Sets All-Time Record Sports Betting Pace In 2024 FrontofficesportsAmericans Bet $148 Billion on Sports in 2024, Up 23.6%IredellfreenewsUS Sports Betting Handle Report 2026: Monthly Revenue Data by State

FanDuel sees state-by-state legalization progress after midterm elections

Covers

The operator expressed optimism about further sports betting legalization following Tuesday's election outcomes.

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CoversFanDuel Owner Optimistic on Betting Legalization After Midterms, Super PAC Spending

DraftKings Predictions: How it works, available states and everything you need to know

Sportingnews

Sporting News explains how the operator's event contracts product works and where it can be used.

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DraftKings draws premium valuation scrutiny as prediction markets expand

Simplywall

The analyst note weighs DraftKings' premium multiple against the growth of prediction market competitors.

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YahooDraftKings Is Up 10% in a Month. Are Prediction Markets Really a “Greater Opportunity Than Threat”?

Empire State Building hires former FanDuel executive to revive observatory business

Crainsnewyork

The landmark brought in a gaming industry veteran to turn around its faltering observatory operation, an unusual crossover from sports betting.

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NypostOne Vanderbilt dethrones Empire State Building as king of NYC’s observation decks after 95 years