Business & M&A

DraftKings devoted most of its Q2 call to laying out a blueprint for its attempt to outlast rivals when prediction markets go full throttle this autumn.

Q1 delivered a sharp rise in GGR and turnover for DATA.BET’s esports product, the company told iGB in an interview at iGB L!VE last month. It builds on the company’s momentum in the quick-growing vertical. “Esports is our heritgate,” head of sales Otto Bonning said. Esports might be a core competen…

In July last year, Denmark was the first market to roll out its new Tipico US-powered sportsbook platform. Since then the product has also been gone live in Brazil and Sweden.

Analysts, hedge fund managers and other financial experts blame the latest swoon on prediction markets with DraftKings on deck.

Analysts remain bullish on Flutter but cut their targets as the company lowered guidance for FanDuel with more promotional investment coming. Flutter said its mishandling of promotions to FanDuel... The post Analysts Cut FanDuel Parent Targets On Higher Promotional Spending appeared first on Legal…

Earlier this year, the sports technology company signed multi-year partnerships with both Kalshi and Polymarket for data distribution.

Penn Entertainment is ready for a wildly competitive promotional environment this football season. It will be the first full season NFL or college football for most prediction market operators, a... The post Penn Prepared For Promotional ‘Arms Race’ This Football Season appeared first on Legal Spor…

Greentube's director (global sales and marketing) Markus Antl caught up with the iGB team at iGB L!VE 2026 to reflect on a year of expansion, from South Africa's booming concurrency numbers to the build-out of its US footprint.

Genius Sports is seeing growing benefits from prediction markets, which contributed to a stronger-than-expected second quarter as the sports data provider expands its business with the... The post Genius Sports Raises Outlook On Prediction Markets Growth appeared first on Legal Sports Report.

A Kalshi executive appeared on Bloomberg TV and talked through a variety of issues, including the recent New York lawsuit and its work on prediction markets integrity. Kalshi Head of Enforcement... The post Kalshi Exec Criticizes NY Suit, Says Product Is Heavily Regulated appeared first on Legal Sp…

Betway operator saw Q2 revenue in New Zealand increase 14%, helping its rest of world segment to report a 6% revenue uptick. It also saw market share gains in the UK during the period.

Genius joins Sportradar which also recently signed two multi-year partnerships with the leading prediction markets operators.

Holland Casino has hit back against the government's gambling tax hike last year after claims its profit would be hit moving forward.

FanDuel's co-founder opens up on the court ruling, his AI dealer bet and why crypto casino wasn't the answer.

Betfred has announced plans to close 132 betting shops across the United Kingdom, resulting in approximately 600 job losses. The restructuring represents one of the largest operational cutbacks in the British bookmaking sector this year. Indeed, the closures affect multiple locations as the company…

FanDuel parent Flutter announced a change at CEO as the company cut its guidance for the second time this year. Peter Jackson said the time is right for him to step down in the company’s second... The post FanDuel Parent Announces CEO Transition, Lowers Guidance Again appeared first on Legal Sports…

Count how many hours last week went into maintaining the farm. Creating profiles, assigning proxies, warming accounts up, figuring out why a script failed on a third of the accounts, rewriting a selector after the platform’s latest update. Afina Browser simplifies that, and not only through profile…

Kambi to enter the Silver State, which includes its gambling hub Las Vegas, in partnership with one of the market’s established leaders The post Kambi Group plc partners with Station Casinos in Nevada in landmark omni-channel sportsbook and player account management platform agreement appeared firs…