Prediction market platform Kalshi has raised $300 million in its Series D funding round, valuing the prediction site at $5 billion. Investors included venture firms Sequoia Capital, Paradigm, CapitalG, Coinbase Ventures, as well as a new investor in Andreessen Horowitz. The latest funding follows on from a Series C funding round in June, which granted […]
Kalshi Announces Global Launch as Valuation Hits $5 Billion Read More »
New York commercial casinos generated $57.6 million in September, a 3.1% increase from the $55.9 million generated in 2024. The figures, published by the New York State Gaming Commission, revealed that of this total, slots generated $40.7 million, a 3.5% increase year-on-year, and table games also saw a 5.9% rise, generating $15.2 million. Rivers Casino
New York Casinos Generate $57.6 Million in September, NYC License Battle Heats Up Read More »
Kansas has amassed over $26 million in a fund, built from sports gambling revenue, dedicated to attracting professional sports teams to the Sunflower State. The Attracting Professional Sports to Kansas Fund aims to draw in sports teams, particularly those located in Missouri, including the Kansas City Chiefs and Kansas City Royals. Kansas lawmakers have been
Kansas Raises $26M Professional Sports Fund, Driven by Sports Gambling Read More »
FanDuel has announced its partnership with Amazon, becoming the official odds provider for the NBA and WNBA on Prime Video. The deal is an effort to increase viewership from basketball fans. The new bet tracking feature provided by FanDuel will keep fans informed about all live odds for games. It will also allow fans who
FanDuel Becomes Official Odds Provider for NBA, WNBA in Amazon Partnership Read More »
Daily fantasy sports (DFS) operator Underdog has partnered with sports data and technology group Sportradar to incorporate the responsible gambling tool Bettor Sense in an effort to identify those who show signs of gambling addiction. Launched in July of this year, Sportradar’s AI-powered tool identifies excessive gambling through client activity. Care services through the addiction
Underdog Announces Responsible Gaming Partnership with Sportradar Read More »
European lottery and gaming entertainment company, Allwyn International, has agreed to acquire 62.3% of US daily fantasy sports (DFS) operator PrizePicks, in a deal that values PrizePicks at $2.5 billion. The transaction, announced on September 22, discloses that Allwyn will pay $1.6 billion in cash, with additional performance-based payments that could raise the DFS operator’s
Allwyn to Acquire Majority Stake in PrizePicks for $1.6B Read More »
Wynn Resorts has eliminated triple-zero roulette from its casino floor, responding to criticism over the higher house edge tied to the game. The triple-zero formats, which added an extra slot beyond the standard single- and double-zero wheels, gave the house an advantage of 7.69% compared with 5.26% on double-zero roulette. Many gamblers and analysts believed
Wynn Resorts Puts Guests First, Removes Triple-Zero Roulette Read More »
Wyoming lawmakers adjourned a committee meeting early after disagreeing on a series of gambling taxation bills. The Select Committee on Capital Financing and Investments had been scheduled to review four draft bills, but House-Senate divisions halted progress. The first bill for a central monitoring system passed the Senate but was blocked by House Freedom Caucus
Gambling Tax Bills Stall In Wyoming Committee Read More »
The Volume, founded by Colin Cowherd, has signed a multimillion-dollar deal making Hard Rock Bets not just their new presenting sponsor, but also their exclusive sportsbook partner, thus replacing DraftKings. The new agreement between The Volume and Hard Rock Bets will integrate Hard Rock branding across all of The Volume’s 20+ podcasts, YouTube shows, and
Hard Rock Bet Replaces DraftKings as The Volume Partner Read More »
Virgin Hotels Las Vegas has entered into a new partnership with William Hill Nevada to oversee its sportsbook operations. The deal, announced in time for the start of the NFL season, will see William Hill take over both in-person and mobile sports betting at the property later this year. The arrangement significantly expands the sports
Virgin Hotels Las Vegas Teams Up With William Hill For Enhanced Sports Betting Read More »