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DraftKings turns profitable as prediction markets become key growth strategy

DraftKings entered 2026 with the kind of earnings report investors have long been waiting for,...

Paul McNally 1 month
Flutter logo.
Finance
Flutter restructures FanDuel leadership as Q1 revenue rises 17%
Paul McNally 1 month
BetMGM Logo. BetMGM updates integrity policy to specifically prohibit athlete harassment. BetMGM reports slower growth, cuts 2026 outlook
Gambling
BetMGM starts 2026 profitable but growth slows and outlook narrows slightly
Suswati Basu 2 months
Bally’s Q2 2025 growth fuels bold ‘Bally’s 2.0’ transformation. Bally's Q4 2025. Red Bally's logo on top of background of dollars.
Gambling
Bally’s Q4 revenue jumps as casino expansion and online gaming push growth
Suswati Basu 3 months
Entain warns higher UK gambling taxes risk boosting illegal betting market amid £681M Q4 loss. Coral and Ladbrokes branding displayed on a racetrack billboard as a jockey rides a racehorse past, with a large Entain logo overlaid in the foreground.
Gambling
Entain warns higher UK gambling taxes risk boosting illegal betting market amid £681M Q4 loss
Suswati Basu 3 months
Sportradar logo displayed on a dark blue background with stylized sports elements, including a tennis ball, golf ball, basketball, soccer ball, and goalkeeper gloves. Sportradar Reports Q4 and Full Year 2025 Financial Results, and Announces Significant Expansion in Share Repurchase Plan to Billion. Sportradar acquires IMG ARENA to boost global sports data expansion efforts
Gambling
Sportradar posts record 2025 revenue profits and expands major buyback program
Suswati Basu 3 months
Flutter doubles down on prediction markets despite investor worries about growth. Large white Flutter logo over a blurred background of colorful financial chart lines and candlestick patterns.
Prediction Markets
Flutter doubles down on prediction markets despite investor worries about growth
Suswati Basu 3 months
PENN Entertainment logo on a white background. Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships
Gambling
Penn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships
Suswati Basu 3 months
Light & Wonder plans to crush debt with billion unsecured notes, as it reports a positive Q£ and Q4 2025. Light & Wonder logo on top of light blue gradient background.
Gambling
Light & Wonder posts strong Q4 revenue growth despite hefty legal costs
Suswati Basu 3 months
Harrah’s Oklahoma sets April grand opening date with Caesars despite Q4 losses. Harrah’s casino entrance at night with purple illuminated signage, glass doors, parked cars, and visitors crossing a lit driveway and accessible parking.
Casino
Harrah’s Oklahoma sets April grand opening date with Caesars despite Q4 losses
Suswati Basu 4 months
Rivalry Corp sparks shutdown fears as it scales back operation. Rivalry Corp logo against blue background
Betting
Rivalry Corp sparks shutdown fears as it scales back operation
Suswati Basu 4 months
Robinhood snaps up 90% of MIAX Derivatives Exchange in prediction markets push. A close-up of a smartphone displaying Robinhood’s sports prediction market interface, showing live game odds, beside a large glowing Robinhood feather logo on a blue gradient background.
Prediction Markets
Robinhood stock falls despite record Q4 earnings amid questions over prediction markets
Suswati Basu 4 months
Boyd Gaming reports higher 2025 revenue boosted by FanDuel sale profit. Blue graphic showing the Boyd Gaming logo on the left and a stylized white FanDuel shield logo on the right against a blue gradient background.
Gambling
Boyd Gaming reports higher 2025 revenue boosted by FanDuel sale profit
Suswati Basu 4 months
BetMGM lifts 2025 forecast after surging first-half revenue. BetMGM logo featuring a stylized gold and black lion head on the left and the text "BET MGM" in bold black and gold letters on the right, framed by thin blue lines at the top and bottom.
Gambling
BetMGM reports record FY 2025 results, but questions remain on sustainability
Suswati Basu 4 months
Dark background on a sign with 'evoke' sign in green and its brands listed underneath '888' 'William Hill' and 'Mr Green.' Evoke Q4 revenue hit by UK Budget
Gambling
Evoke posts strongest quarter but CEO slams UK Budget tax hikes
Sophie Atkinson 4 months
Bet365 boss Denise Coates earned £280M despite sharp profit decline last year. Bet365 logo on green background beside Denise Coates smiling, wearing a floral top, in a cutout-style promotional image.
Gambling
Bet365 boss Denise Coates earned £280M despite sharp profit decline last year
Suswati Basu 6 months
UK posts massive B in gambling industry earnings. Gambling Commission logo on top of blurred image of betting shop. UK Gambling Commission unveils new illegal gambling website identification tool
Gambling
UK posts massive $22B in gambling industry earnings
Joel Loynds 6 months
Bragg Gaming posts mixed Q3 results as Netherlands downturn tempers growth. Bragg Gaming Group announces strategic restructuring, including job losses. Bragg Gaming logo
Gambling
Bragg Gaming posts mixed Q3 results as Netherlands downturn tempers growth
Suswati Basu 7 months
Flutter Entertainment
Gambling
Flutter sees group revenue and player base rise in Q3, despite reporting net loss
Rachael Davies 7 months
Rendering image of Bally's Corp in Las Vegas, buildings surrounding Bally's sign and stadium in the middle.
Gambling
Bally’s casino sector and UK market thrives, Q3 report reveals
Sophie Atkinson 7 months

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