DraftKings Q1 Earnings Beat Estimates as Prediction Market Division Turns Profitable
TLDR DraftKings posted Q1 revenue of $1.65 billion, up 17% year-over-year, and beat adjusted EBITDA forecasts with a record $168 million The company […]
TLDR DraftKings posted Q1 revenue of $1.65 billion, up 17% year-over-year, and beat adjusted EBITDA forecasts with a record $168 million The company […]
TLDR The Michigan Senate passed an $88.1 billion budget but removed Governor Whitmer’s proposed gambling tax increases Whitmer wanted a per-bet fee on […]
TLDR South Korea’s Prime Minister Kim Min-seok urged stronger measures to address worsening youth gambling problems Kim made the remarks while swearing in […]
TLDR Buenos Aires deputy Valentín Miranda is demanding updates on a youth gambling prevention plan launched in July 2024 The plan was designed […]
TLDR Konami’s gaming and systems division revenue rose 1% to US$274.9 million for the year ending March 2026 Operating profit in the gaming […]
TLDR Apple updated App Store policies on May 8 to allow licensed fixed-odds betting apps in Brazil Only companies with a valid license […]
TLDR Paradise Co. posted April casino revenue of KRW87.9 billion ($60.4 million), up 80.6% from March and 30.7% year-on-year Table games revenue surged […]
TLDR FanDuel CEO Amy Howe is leaving and will be replaced by President Christian Genetski as Flutter restructures its U.S. management team Flutter […]
TLDR Ohio’s Casino Control Commission proposed a rule to ban credit card deposits for sportsbook accounts Bettors would be limited to ACH transfers, […]
TLDR DraftKings executive Paul Liberman said fast-paced micro betting markets will soon enter sports prediction markets, speaking at the Milken Institute Global Conference. […]