All Financial News Articles

PENN’s four regional divisions combined to generate $1.505bn in revenue for a retail segment record. Adjusted EBITDAR rose 5.6% to $517.2m, lifting the retail margin to 34.4%. PENN shares closed…

Flutter revenue was up, but profit was down. What’s more, management slashed guidance, and CEO Peter Jackson announced he is leaving at the end of September. The market didn’t like…

Wynn Resorts (WYNN) Q2 2026 earnings results comfortably cleared Wall Street’s second-quarter bar on both the top and bottom lines. But the beat was narrower in quality than the headline…

Light & Wonder reaffirmed its 2026 outlook after stronger results from Gaming and iGaming helped offset another difficult quarter for SciPlay. Light & Wonder (LNW) delivered a second quarter in…

The sports technology company said delayed prediction market agreements contributed to its lowered 2026 outlook, but expects the emerging sector to become a major growth driver. Sportradar devoted much of…

The closures mark the latest sign of mounting pressure on Britain’s retail bookmakers, even as Betfred explores a new growth strategy. Betfred plans to close 132 betting shops across the…

The first full week of August brings key courtroom hearings, major gambling earnings reports and the unofficial start of football betting season. Prediction market litigation remains in the spotlight with…

Conflicting court rulings and a major acquisition underscored both the legal uncertainty and commercial momentum surrounding prediction markets. Prediction markets saw another eventful week as courts issued conflicting rulings on…

Churchill Downs Inc. delivered all-time record revenue and earnings on the back of the 152nd Kentucky Derby — and, in a filing made the same evening, disclosed it is exploring…

Prediction markets are becoming a significant business for the brokerage, with users growing by roughly one-third since the first quarter. Robinhood’s prediction market business continues to grow rapidly, with nearly…