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Flutter Cuts 2026 EBITDA Outlook as FanDuel Sportsbook Weakness Hits Margins

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.

Posted on: August 7, 2026 | | Tyler Andrews

Federal lawsuit seeks refunds for Californians who used DraftKings Predictions

Federal lawsuit seeks refunds for Californians who used DraftKings Predictions

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.

Posted on: August 6, 2026 | | Tyler Andrews

IG Group CEO says prediction-market regulation creates “some risk” in Underdog deal

IG Group CEO says prediction-market regulation creates “some risk” in Underdog deal

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.

Posted on: August 6, 2026 | | Tyler Andrews

Kalshi Traders Put $1.4M Behind AI IPO, Moon Landing and Geopolitical Markets

Kalshi Traders Put $1.4M Behind AI IPO, Moon Landing and Geopolitical Markets

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.

Posted on: August 6, 2026 | | Tyler Andrews

Thunder Valley Casino Resort to Hold August Job Fairs for 100+ Open Roles

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.

Posted on: August 6, 2026 | | Tyler Andrews

Polymarket’s NFL Markets Focus on Hall of Fame Game and an Early MVP Board

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.

Posted on: August 6, 2026 | | Tyler Andrews

New York lawsuit against Kalshi draws backlash over potential tax revenue

New York’s lawsuit against Kalshi is quickly becoming a test case in the wider fight over whether prediction markets are regulated financial products or unlicensed gambling.

Posted on: August 5, 2026 | | Tyler Andrews

Prediction markets pose bigger risks than lost revenue for tribal gaming, Kevin Washburn says

Prediction markets pose bigger risks than lost revenue for tribal gaming, Kevin Washburn says

A leading Indian gaming legal voice says prediction markets may create broader risks for tribal casinos than revenue loss alone, including sovereignty disputes and damage to public confidence in regulated gambling.

Posted on: August 5, 2026 | | Tyler Andrews

Flutter earnings preview puts FanDuel growth and prediction-market spending in focus

Flutter earnings preview puts FanDuel growth and prediction-market spending in focus

Flutter Entertainment reports second-quarter results Wednesday, with attention on whether FanDuel’s U.S. sports betting business can balance higher prediction-market investment and international headwinds.

Posted on: August 5, 2026 | | Tyler Andrews

Win-River Resort & Casino, Rolling Hills line up two weeks of Northern California entertainment

Win-River Resort & Casino, Rolling Hills line up two weeks of Northern California entertainment

Win-River Resort & Casino and Rolling Hills Casino & Resort are highlighting a two-week entertainment calendar in Northern California, with music, comedy, and family-friendly events on tap.

Posted on: August 5, 2026 | | Tyler Andrews