Ricky Sandler Leaves Entain Board as Eminence Shuts
Ricky Sandler has stepped down from his position as a non-executive director at Entain, marking the end of his tenure following the decision to wind down his investment firm, Eminence Capital. The departure became effective on 5 May, according to company confirmation, and follows reports that the hedge fund will soon cease operations after struggling […]
RSI Shares Drop After Insider Stock Sale Plan Sparks Investor Reaction
At the end of April, Rush Street Interactive (RSI) raised its revenue guidance for FY 2026, expecting it to go up anywhere between 31-36% YoY to roughly $1.49-$1.54 billion. With strong double-digit increases in revenue and EBITDA, the gambling company set new records, once again signaling its strength and potential for investors. On Tuesday, May […]
SEC Delays Approval of Prediction-Market ETFs
The US Securities and Exchange Commission (SEC) is investigating a new wave of financial products tied to real-world events. More than two dozen proposed Exchange-Traded Funds (ETFs), linked to outcomes ranging from election results to recession forecasts, were expected to move forward this week. Instead, the SEC has paused the launch, requiring additional details to […]
Dan Patrick Urges Texas to Address Prediction Market Loopholes – SCCG Management
Texas legislators are considering whether prediction markets exploit loopholes in state gambling laws, potentially leading to a conflict with federal regulators over industry control. Lt. Gov. Dan Patrick has called on state senators to study “gambling loopholes” facilitating prediction markets in Texas. These platforms allow users to trade on outcomes like sports, elections, and economic […]
Dan Patrick Wants Texas to Weigh Action on Prediction Market Loopholes
Texas, US lawmakers are looking into whether the controversial prediction markets are exploiting gaps in state gambling laws, setting up a broader conflict with federal regulators over who should control the fast-growing industry. Keeping an Eye on Loopholes The issue gained attention after Lt. Gov. Dan Patrick asked state senators to study so-called “gambling loopholes” […]
Wall Street analyst touts Churchill Downs after all-time Kentucky Derby week record for handle – CDC Gaming
.ns-inline .ns-button{–ns-btn-color:#ffffff}.ns-inline .ns-button:hover{–ns-btn-color:#ffffff}body .ns-inline a.ns-button:hover .ns-button-wrapper>span{box-shadow:none !important;filter:brightness(1) !important}.ns-inline .ns-button-icon *,.ns-inline .ns-button-label span{color:#020202}.ns-inline .ns-button:hover .ns-button-icon *,.ns-inline .ns-button:hover .ns-button-label span{color:#020202} Email, LinkedIn, and more A Wall Street analyst Sunday listed Churchill Downs as a market outperform with a $149 price target after an all-time record for Kentucky Derby week handle. The stock closed at $98.65 on Friday. […]
Endless Multiplier Adds Big Kick to Habanero’s New Prosperity Horse Slot
Multiplier magic An iGaming studio owned by private European investors has rolled-out a new slot with a progressive Wild multiplier mechanic that carries over from spin to spin. lucky wilds run free and multipliers bloom” The Malta Gaming Authority (MGA)-licensed Habanero Systems released Prosperity Horse on Wednesday, a 7×5 slot designed around the firm’s trailblazing […]
Eastern Europe Betting Boom: Why the Region Is Driving Global Growth
Why Eastern Europe Is a Hotspot for Sports Betting Growth. By Marko Mitevski During the last decade, Eastern Europe has emerged as the most dynamic part of the global sports betting industry. While well-developed markets in Western Europe and North America have each reached a certain stage of saturation, Eastern European countries are experiencing a […]
Bally’s Intralot’s Is Eying Up More Mergers After the Expected Evoke Purchase
During Bally’s Intralot’s recent Q1 earnings call, its CEO, Robeson Reeves, explained that the company is looking for other potential merger targets beyond the current bid for indebted British bookmaker Evoke. Bally’s Intralot CEO Says More Mergers Are Ahead Reeves told investors that, beyond Evoke, the company continues to assess the broader merger and acquisition […]
Polymarket Faces Ongoing Access Challenges Amid Surge in Singapore-related Bets
Despite being officially blocked in Singapore since late 2024, Polymarket continues to attract substantial wagering activity from users in the region. The platform, a cryptocurrency-based prediction market, has seen a notable uptick in bets tied to Singapore-focused events, including daily temperature predictions. Recent data shows that in April 2026 alone, more than $100,000 was wagered […]