Macquarie raises Rush Street Interactive target price to $30
The analyst’s revised target and reported forecast and share-price movements inform investor assessments of listed gambling companies.
All news
Reports
Indian Gaming Association tracks congressional debate on prediction markets
Congressional action on prediction markets could affect tribal gaming interests and the regulatory treatment of sports-event contracts.
Licence
EveryMatrix receives approval for Alberta expansion
EveryMatrix's Alberta approval extends its business into a province preparing to become regulated.
Sicilian tax court upholds cancellation of €560,000 assessment over bar gaming terminals
The ruling limits tax assessments based solely on terminals’ capacity to access online gambling sites.
Results
Banijay reports 17.3% Q1 growth in sports betting and gaming revenue
The results detail growth across sportsbook and other gambling revenue before Tipico entered Banijay’s reporting.
Citigroup forecasts Macau May gaming revenue of MOP22.5bn
The forecast gives Macau casino operators and investors an estimate of May revenue and the daily pace needed to reach it.
Licence
EveryMatrix obtains Alberta supplier licence ahead of market launch
The licence gives EveryMatrix approval to supply its stated products in Alberta ahead of the market rollout.
Results
Altai Palace reports 3.3% revenue growth and lower net profit
Investors and developers can weigh Altai Palace’s modest revenue growth against falling profit measures and reported headwinds.
Iratxe García Pérez proposes 1% EU gambling revenue tax to raise €400m yearly
The proposal could affect gambling operators’ tax liabilities if adopted by the EU.
Kalshi invests $2m in NCPG trader health initiative over two years
The investment supports resources addressing risks associated with participation in financial trading and prediction markets.
Results
Bally’s Intralot reports Q1 revenue of €268.1m after BII acquisition
Investors can compare BII’s contribution with Bally’s Intralot’s debt as the proposed evoke acquisition remains in play.
Nathalia Fernandez proposes New York billboard gambling ad ban
The proposals could restrict gambling advertising on billboards and change requirements for existing advertising contracts in New York.
Connecticut sports betting and iGaming wagers reach $1.94bn in April
The reported increase provides operators and suppliers with a measure of activity in Connecticut’s sports betting and iGaming markets.
Malta plans dedicated prediction-markets rules, economy minister says
A dedicated framework could determine how prediction-market platforms serving Maltese users are regulated.
FanDuel becomes Formula 1's official betting operator in the US
The agreement gives FanDuel access to Formula 1 betting content and creates a joint responsible-gambling content commitment.
Wangen court acquits woman accused of using unlicensed gambling sites
The ruling concerns whether consumers can be held criminally liable when they believe an unlicensed site is authorised.
Turkish authorities arrest 233 in illegal betting investigation over TL18bn
The arrests and asset investigations signal enforcement risk for suspected illegal betting networks and their payment channels.
FederBingo president calls for stable rules and certified bingo halls in Italy
Bingo operators can anticipate how calls for stable rules and certified halls may shape the forthcoming tender.
ABFS regulatory director challenges methods in Brazil betting-debt studies
Regulators and investors should consider the cited methodological gaps when evaluating claims about betting and household debt.
Florida commercial gaming revenue falls 3% in March
Operators and investors can use the revenue decline and quarterly total to track Florida’s commercial gaming performance.
Sporttrade plans to end US online sports betting on 26 June
Customers and state regulators face different withdrawal deadlines as Sporttrade exits its US betting markets.
North Carolina lawmakers debate raising sportsbook tax to 20%-30%
A higher tax rate could affect sportsbook costs and the promotions and odds operators offer in North Carolina.
DraftKings closes Wrigley Field retail sportsbook on 31 May
The closure ends DraftKings’ retail sportsbook presence at Wrigley Field while its online operation in Illinois continues.
Turkish authorities target 233 suspects in illegal betting operations
The operations demonstrate enforcement exposure for illegal betting networks, including arrests and accounts under scrutiny.
Brazil collects BRL4.17bn in first-quarter betting taxes
Brazil's federal government received BRL4.17bn in betting taxes during Q1, per official records.