DraftKings posted an impressive performance in the second quarter of 2025, setting all-time highs in revenue and Adjusted EBITDA. The iGaming and sports betting giant achieved $1.51 billion in revenue during the quarter, a 37% year-over-year rise. Adjusted EBITDA hit $301 million, more than twice the company’s previous high,…
One of California’s tribal casinos has recently alerted its patrons to stay vigilant following the detection of a contagious tuberculosis case within the community. Although only a single case has been confirmed at the time of the announcement, the tribe opted for complete transparency and issued a public warning…
Flutter Entertainment is mulling over the idea of expanding into Nevada with its premier sports betting brand, FanDuel. This consideration arose during the company’s second-quarter earnings call, where Flutter addressed ongoing speculation about a potential alliance with prediction market platform Kalshi. Erica Okerberg, Flutter’s private counsel, clarified that despite…
Coinbase, a frontrunner in the cryptocurrency exchange realm, is gearing up for a bold expansion that takes it far beyond its original crypto roots. The company has set its sights on becoming an “everything exchange,” integrating real-world assets, stocks, early-stage token sales, derivatives, and even prediction markets into its…
Earlier this week, DraftKings celebrated a court victory regarding a proposed class action suit that accused the gambling operator of using a deceptive $1,000 sign-up bonus offer to attract new customers. However, the celebration was cut short as the Boston-based giant now faces a new federal lawsuit, filed in…
A recent alarming incident at the Grand Falls Casino has captured the attention of both local authorities and the gambling community. A man named Luis Mejia from Sioux Falls was recently apprehended in a complex scheme involving another casino patron. Mejia, who managed to win a $1,500 jackpot on…
