Author: Oliver Dale

TLDR DraftKings announced a “Super App” that combines sports betting, prediction markets, casino, and lottery gaming in one mobile platform The app will launch later this month to coincide with the NCAA Tournament and give DraftKings near-national reach DraftKings stock rose nearly 7% from Monday to Thursday after the announcement, though it has lost roughly half its value in six months The company will use the same pricing and risk infrastructure from its sportsbook to power prediction markets Responsible gaming measures from sports betting will apply to prediction markets, including deposit limits and self-exclusion options DraftKings has unveiled plans for…

TLDR Kalshi and Polymarket are both in talks with investors about raising funds at roughly $20 billion valuations Both companies were valued at around half that amount late last year, with Kalshi at $11 billion and Polymarket at $9 billion Kalshi has crossed $1 billion in revenue run rate, now reportedly around $1.5 billion New legislation introduced Friday would restrict both platforms from offering markets on war and sports Both companies face scrutiny over aggressive college marketing and questionable trades, including bets on Jeff Bezos’ whereabouts The two biggest prediction market companies in the United States are looking to double…

Newly released government files reveal DCMS warned the Treasury about potential problems with raising gambling taxes before changes were implemented.

Gambling operator bet365 has pulled out of several major UK horseracing sponsorship deals, blaming the decision on increased gambling taxes.

College students allegedly used fraternity connections to profit from Super Bowl bets, prompting insider trading investigations on Kalshi and Polymarket.

Mike Raffensperger, who led FanDuel’s sports division for eight years, is leaving the company before month’s end after overseeing major growth.

ZunaBet is a fresh face in the online gambling world, having launched in 2026 with a clear focus on cryptocurrency gaming. The platform combines a full casino experience with sports betting options, all wrapped in a modern design that appeals to today’s crypto-savvy players. Despite being new to the market, ZunaBet is backed by a team with over 20 years of experience in operating online casinos. This combination of fresh innovation and industry expertise creates an interesting proposition for players looking for a reliable crypto gambling destination. Let’s take a close look at what they have to offer! Visit ZunaBet…

TLDR Online gambling is expanding across the U.S. as more states legalize it, creating new growth opportunities for casino stocks. Macau remains the world’s largest gambling market, with MGM, Las Vegas Sands, and Wynn Resorts all holding operating licenses there. DraftKings leads pure-play online betting with 34% U.S. market share, posting 30% revenue growth in 2024 to $4.77 billion. MGM hit record full-year revenue of $17.2 billion in 2024, while Las Vegas Sands posted $11.3 billion and Wynn Resorts $7.1 billion. Penn Entertainment ended its ESPN Bet partnership early in November 2025 after results fell short of expectations. The casino…

TLDR Flutter Entertainment (FLUT) stock dropped 11.5% on February 13, 2026, hitting new 52-week lows on both NYSE and the London Stock Exchange. The sell-off was driven by a UK iGaming tax hike (21% to 40%), a new U.S. “phantom income” tax law, and slowing market growth. Full-year 2025 revenue hit $16.69 billion (+19% YoY), but a $789 million Q3 net loss and guidance cut weighed heavily on sentiment. FanDuel holds ~43% U.S. sports betting market share, but faces rising competition from DraftKings (37%) and prediction market platforms. Analysts maintain a “Moderate Buy” consensus; price targets range from $170 (Bernstein)…

TLDR Vitalik Buterin warned prediction markets are drifting toward addictive, low-value gambling he calls “corposlop” He said platforms rely too much on sports betting and short-term crypto price wagers Buterin was an early investor in Polymarket, one of the leading prediction market platforms As recently as December 2025, he had defended prediction markets as healthier than traditional finance He now says prediction markets should pursue use cases like personalized insurance instead Vitalik Buterin, co-founder of Ethereum and an early backer of prediction market platform Polymarket, has raised concerns about where prediction markets are heading. He posted his warning on X…