Despite reports of a potentially higher offer from Carl Icahn, Caesars shares continue to trade below Tilman Fertitta’s bid, suggesting investors remain skeptical of a competing takeover. Carl Icahn is…
A new Macquarie report estimates Kalshi accounted for roughly two-thirds of prediction market trading in June as the FIFA World Cup accelerated mainstream adoption. Prediction markets generated more than $50…
The company said the move follows a review of its dual-listing structure and will leave Flutter trading exclusively on the New York Stock Exchange from August. Flutter Entertainment announced that…
Mergers & acquisitions activity in the gaming sector is heating up, with the latest deal seeing Evoke agree to a takeover by Bally’s for £243 million ($326 million). We spoke…
Illinois’ newly approved budget includes a new tax on sports-event prediction market contracts, which could lead to further litigation; it also establishes a DFS framework. Illinois lawmakers have approved a…
The proposal comes days after Fertitta Entertainment agreed to acquire Caesars Entertainment, putting two of the largest U.S. casino operators at the center of major takeover deals. Barry Diller’s People…
After months of speculation, Fertitta Entertainment agreed to acquire Caesars Entertainment in a transaction valued at approximately $17.6 billion. Fertitta Entertainment has reached a definitive agreement to acquire Caesars Entertainment…
New filings show that Chumba Casino generated more than A$5 billion in revenue as parent company VGW posted another year of explosive growth before it went private in 2025. Chumba…
Betr has acquired a CFTC-registered introducing broker, allowing the company to fast-track plans to launch prediction markets powered by Polymarket. Betr has acquired Ascent Capital Management Inc., securing National Futures…
Bally’s revenue rockets as its online casino business in the UK and Spain surges, yet its deleveraging efforts led to a $161.9 million loss. Bally’s has reported strong Q1 2026…