Meridianbet chief executive Zoran Milosevic said the operator would pursue legal routes to restart operations in Brazil. The company confirmed a $5.5m impairment charge, while its parent’s stock fell 17% on Q3 earnings.
The impairment and potential return to Brazil are relevant to investors and operators assessing the company’s exposure to the market.
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PENN Entertainment chief executive Jay Snowden said on the company’s Q4 2025 earnings call that prediction markets could affect sportsbook handle, but PENN cannot quantify the impact. He argued that their legal status remains unclear and said licensed casino operators cannot risk their land-based licences by entering the market. PENN is discussing its response with regulators and lawmakers, he said.
DraftKings expects adjusted EBITDA investment of up to $1.05bn in its Predictions business across 2026 and 2027. The company budgeted $650m–$700m for 2026 and $250m–$350m for 2027; former lottery finance executive Ivan Soloviov said the first half of 2027 would better show whether customers remain active after promotions end.
Caixa Loterias has added Pix as a way to receive prizes from bets placed on its digital channels in Brazil. The option covers prizes up to R$2,428.80; the company also uses Azulzinha to process credit-card payments, replacing Mercado Pago, which the source says had been inoperative since Monday 9 November.
Caixa Loterias has introduced Pix payments for prizes from bets placed on its digital channels. Prizes of up to R$2,428.80 can be credited to the account associated with the bettor’s key.
Wynn Resorts could lower its lease-adjusted leverage to 5x after its Wynn Al Marjan Island resort in the UAE opens, CBRE Credit Research analysts said. They said the project could support a credit-rating upgrade, while noting that Wynn holds a 40% equity stake; the resort is due to open in September 2027.
Wynn’s upcoming UAE casino hotel could help bring its lease-adjusted leverage down to 5x, according to CBRE Credit Research analysts Colin Mansfield and Connor Parks.
Betfair continues to offer its products in Italy while Flutter reviews the operation and remains in contact with the regulator about next steps, the company was reported to be doing on 10 November 2026. The Italian affiliate programme closed on 31 October, while no closure date for customer services had been communicated.
Betfair continues to offer its products in Italy while owner Flutter reportedly reviews the operation and remains in contact with the regulator about next steps. Rumours that Betfair could close its Italian operations have not been confirmed.