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Flutter beat Q2 revenue and EBITDA expectations, but a weaker U.S. sportsbook quarter, lower margins, and planned reinvestment pushed the company to reduce its full-year EBITDA outlook.
A proposed class action filed in federal court in Massachusetts seeks restitution for Californians who used DraftKings Predictions, alleging the product amounted to unlawful sports betting marketed as event contracts.
IG Group CEO Breon Corcoran said regulatory uncertainty around event contracts creates “some risk,” even as he described the company’s $1.3bn acquisition of Underdog as a product- and talent-driven deal.
Kalshi prediction markets have drawn $1.4 million in trading volume across contracts tied to AI IPOs, space milestones and major geopolitical questions, offering a snapshot of trader sentiment on long-range outcomes.
Thunder Valley Casino Resort says it is hiring for more than 100 positions and will host eight in-person job fairs across August in Lincoln, California.
Polymarket’s NFL prediction markets are currently centered on two early storylines: the Hall of Fame Game between the Panthers and Cardinals, and an MVP market led by quarterbacks including Josh Allen, Lamar Jackson and Justin Herbert.
