Business
MGM & Caesars shun prediction markets to protect casino licences
MGM & Caesars are staying out of prediction markets over fears it could cost them their Nevada casino licences.
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Showing 97–108 of 125 articles in Business.
Business
Flutter & DraftKings hit multi-year lows as Kalshi eyes $40bn
Flutter & DraftKings shares have hit multi-year lows as Kalshi reportedly nears a $40bn fundraise.
Business
Kalshi valuation up 20x in a year to $40bn
Kalshi is in advanced talks to raise $1bn at a $40bn valuation, according to Reuters.
Business
Comer widens prediction-market insider-trading probe to 5 firms
House committee chairman James Comer has widened his prediction market insider-trading probe to include Hyperliquid, Crypto.com & PredictIt operator Aristotle Exchange.
Business
Flutter faces $70m revenue hit from Brazil betting ban
Flutter & Entain have revised their 2026 guidance after Brazil's online gambling ban.
Business
Arkansas casino’s leadership shake-up lands Seneca exec top job
Saracen Casino Resort names Rod Centers CEO days after firing its GM & CMO over an alleged side business.
Business
Kambi hands World Cup trading to AI, banks 18% margin
Kambi's AI traded the entire 2026 World Cup, handling over 100 million bets without downtime.
Business
NCPG boss Maurer quits after Kalshi deal sparks member exodus
NCPG executive director Heather Maurer has resigned after member agencies quit the group over its Kalshi partnership.
Business
$2 Quick Pick nets anonymous winner $1.04bn Powerball prize
An anonymous Illinois winner has claimed a $1.04 billion Powerball jackpot nearly a month after the draw.
Business
Bitget reopens withdrawals after $388m exploit, fund covers losses
Sources: The Block 18+. Betting involves risk. If gambling is a problem for you or someone close to you, help is available.
Business
Oxford’s AI agents secretly count cards in blackjack test
Oxford researchers found AI agents can secretly collude to count cards in blackjack, dodging detection until they analysed the models' internal activity.
Business
Carlton Saffa faces sack as Saracen alleges side gaming venture
Saracen Casino Resort's owner has approved firing its GM & CMO over an alleged rival gaming venture called GamePhysics.