DraftKings CEO expects 2027 prediction-market investment near $300m midpoint
The planned investment level and sensitivity to court rulings could affect DraftKings’ prediction-market spending.
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Reports
Macquarie maintains $11 Genius Sports target after Q3 results
Macquarie’s view gives investors an assessment of Genius Sports’ earnings outlook following its Q3 results.
Campeón Gaming completes Bet on Alfa platform migration in Cyprus
The completed migration gives Campeón its first B2B agreement in Cyprus and supports its regulated-market expansion.
ReadyLinks completes Manila casino network retrofit and wins new-build project
The Manila retrofit and selection identify current casino-network deployments relevant to operators and technology suppliers.
Esports Uganda and WekaMawe explore commercial collaboration
Any future collaboration could connect Ugandan esports organisers and creators with audiences and commercial partners across Africa.
European gambling stocks gain as eight of ten rise in week to 6 November
The weekly moves and guidance changes provide investors with a snapshot of listed gambling companies’ performance.
Recreativos Unión 94 completes absorption of Matías Benito in Spain
The merger transfers Matías Benito’s business liabilities and assets to Recreativos Unión 94, while creditors have a defined protection period.
Cipriani graduates 116 croupiers ahead of planned Punta del Este casino opening
Casino de Locanda’s planned opening depends on staffing, and the graduates are expected to supply croupiers.
CreditSights maintains tactical outperform view on Wynn Macau bonds
The outlook flags potential pressure on Wynn Macau’s cash generation and leverage as capital spending rises.
Paradise confirms interest in proposed Maison Glad Jeju investment
Operators and investors should monitor Paradise Co’s decision, as any investment terms remain undecided.
PENN plans to increase Texas lobbying after midterm elections
PENN’s Texas expansion plans hinge on constitutional approval and a statewide vote, which election results alone do not ensure.
IWG expands Rocket Jackpots to Kentucky and Pennsylvania lotteries
The reported expansion would bring IWG’s Rocket Jackpots to two state lottery markets.
Evolution explains why some live casino games failed
The reported failures may inform suppliers’ decisions about live casino game development.
Galaxy Entertainment reduces player reinvestment as Macau Q4 outlook weakens
Galaxy’s reduced reinvestment and expected tougher Q4 help operators assess customer incentives and competition in Macau.
Macau Legend extends loan repayments to 2030 under revised terms
Lenders and investors can assess Macau Legend’s repayment progress against its extended loan terms and outstanding facility balance.
Wynn Resorts targets September 2027 opening for Al Marjan Island resort
The launch-format decision and handover schedule set operational milestones ahead of the resort’s planned opening.
Betfair Italia continues operations through 2026 as exit decision shifts to 2027
Operators and suppliers can distinguish Betfair’s affiliate programme closure from any decision to stop its Italian gambling services.
Encore Boston Harbor workers ratify five-and-a-half-year contract after strike
The agreement ends a strike that the unions linked to a decline in the casino’s September gaming revenue.
Source: PR Newswire Gaming
PrizePicks and OG.com launch digital trading card packs across US
The launches place digital card packs within apps that also offer betting-related products, while the operators set their own limits.
DraftKings plans up to $1.05bn in prediction-markets investment through 2027
The investment plan and potential recovery period are relevant to investors assessing DraftKings’ prediction-markets spending.
GR8_TECH plans Latin America rollout for white-label sportsbook
The planned pilot gives operators in Latin America a potential white-label sportsbook option with operational support.
Microgame continues People’s Poker Tour qualifiers for Malta event
The qualification schedule and package limits set participation terms for Microgame network players ahead of the Malta event.
Flutter reports FanDuel Predicts reaches 140,000 active users in October
FanDuel Predicts’ user base and rising trading volume signal traction for operators and investors assessing the product.
Wynn ends Encore Boston Harbor strike with ratified labour agreement
Ratification ends strike action at Encore Boston Harbor, but undisclosed agreement terms leave its financial and contractual effects unclear.
EveryMatrix highlights operator partnerships and plans for three markets
The supplier’s stated market preparations and operator relationships may inform partners’ planning for market entry.