Bet365 is reportedly discussing a possible full or partial sale with US investment banks, with a $12bn valuation under consideration. Other options reportedly include a US IPO or a partial sale to private equity; the company has not confirmed the discussions in the supplied material.
A sale or listing could change Bet365’s ownership and provide a potential route to public markets.
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Kalshi reportedly raised $1bn in a funding round that valued the prediction market at $11bn, according to an unnamed insider cited in the report. Sequoia and CapitalG organised the round, and several previous investors also participated, the report said.
Churchill Downs said it is considering selling nine regional gaming properties in the United States and has engaged Macquarie Capital to assist. Chief executive Bill Carstanjen said the properties could be sold individually or in small groups; the company said it would use any proceeds to reduce leverage, reinvest selectively and fund share repurchases.
Meta is reportedly developing Arena, an app for user predictions on sports, politics, economics and entertainment, initially using points rather than real-money wagers. Mark Zuckerberg has reportedly asked staff to assess potential partnerships with Polymarket and Kalshi, but no agreement terms are known and the companies have not commented. The project remains in internal development, with a standalone launch and later integration into Meta services described as possibilities.
Gemini Space Station is reportedly considering offering event contracts to clients, while its designated contract market application with the CFTC remains pending. The company filed for the status in May through Gemini Titan; approval would be required to offer event contracts in the US.
DraftKings is reportedly considering an acquisition of Railbird, a prediction-market platform, but has not confirmed a deal. Railbird received Commodity Futures Trading Commission approval in June, the report said.