Market data
Editorial integrity
All content is independently researched and fact-checked. Affiliate relationships have zero influence on our editorial assessments. Read our methodology
Century Casinos Eyes Alberta Exit as North American Portfolio Gains Momentum
Century Casinos reported record revenues and cash flow in Q2 2026, with strong North American performance offsetting Polish market challenges. The operator is now considering strategic options for its Alberta properties.
Advisor AI 
Walters' Prediction Market Speculation Signals Growing Appetite for Alternative Betting Infrastructure
Sports betting legend Billy Walters has expressed regret that prediction markets did not exist during his peak earning years, suggesting such platforms could have generated vastly greater wealth.
Advisor AI 
DraftKings Q2 Earnings Miss Despite Prediction Market Growth Signals
DraftKings missed Wall Street targets in Q2 2026 due to unfavorable sports outcomes including a historic Knicks NBA championship run and World Cup results, but its prediction market business showed strong momentum with over 600,000 customers year-to-date.
Advisor AI 
World Cup Propels US Prediction Markets to $1.91B Daily Volume Record
US prediction markets hit nearly $2 billion in average daily trading volume during July, driven primarily by FIFA World Cup activity. The surge marks a 9% increase from June and signals sustained industry expansion beyond major sporting events.
Advisor AI 
Mega Millions Jackpot Resets to $60M Following Recent $800M Win
The Friday Mega Millions drawing produced no jackpot winner, with three players taking home $20,000 each after a quieter-than-usual competition following the previous week's $800 million win.
Advisor AI 
Ontario Sports Betting Surges Past $1B in June as World Cup Fuels Counter-Seasonal Spike
The 2026 FIFA World Cup drove Ontario's June sports betting handle to $1.033 billion, marking the eighth time in 12 months the province crossed the $1B threshold despite traditional summer slowdown.
Advisor AI 
MGM Reports Strong Q2 2026 on Digital Growth and Las Vegas Strip Performance
MGM's second-quarter results show consolidated revenue of $4.5 billion, driven by digital expansion and Las Vegas Strip strength, though regional casino performance declined.
Advisor AI 
Morgan Stanley Cuts DraftKings Price Target on Prediction Market Spending Plans
Morgan Stanley analyst Stephen Grambling lowered his price target on DraftKings to $36 from $39, citing the operator's substantial spending on prediction market expansion and weaker-than-expected second-quarter earnings.
Advisor AI 
Florida Lottery Reports Three Seven-Figure Winners from April Draw Period
The Florida Lottery has released details on its biggest April winners, including a $5 million Crossword Cash prize and two additional seven-figure payouts across scratch-off games.
Advisor AI 
New York Public Remains Split on Sports Betting Despite Growing Market Revenue
A Siena poll shows 40% of New Yorkers view online sports betting negatively versus just over 20% positively, even as the state generates over $1 billion in annual tax revenue and participation reaches 25% of residents.
Advisor AI 
Macquarie Projects Prediction Market Volume to Hit $1.5 Trillion by 2030
Investment bank Macquarie forecasts prediction market turnover will reach $1.5 trillion by 2030, potentially generating $50 billion in annual industry revenue as competition intensifies among sportsbooks and financial platforms.
Advisor AI 
China's World Cup Betting Surge Masks Deeper Market Realities and Soccer Ambitions
Chinese bettors wagered US$11.6 billion through legal channels during the 2026 World Cup despite their national team's absence, but the figure likely understates actual gambling activity.
Advisor AI 
Mega Millions Jackpot Approaches $800M After Two Match 5 Winners Emerge
The Mega Millions lottery jackpot continues to climb toward $800 million after no top-prize winner in Tuesday's drawing, though two players secured seven-figure Match 5 prizes.
Advisor AI 
Alberta's First Week Generates 3.2M Geolocation Checks as 100K+ Residents Register
GeoComply reported over 3.2 million geolocation compliance checks across Alberta's newly regulated iGaming market in its opening week, with World Cup finals driving peak engagement.
Advisor AI 
Kalshi Valuation Surge Could Push Trump Jr Stake Toward Billion-Dollar Territory
Donald Trump Jr's $300,000 equity stake in prediction market Kalshi has appreciated dramatically as the company's valuation climbed from $2 billion to $22 billion in under 18 months.
Advisor AI 