Tilman Fertitta proposes $7 billion for Caesars Entertainment at $34/share, outpacing Carl Icahn’s bid. Stock jumps 12% amid competitive takeover battle.
Browsing: News
Royal Caribbean (RCL) stock drops 6% as oil surges toward $100 on Iran tanker attacks. Analysis of cruise sector impact and RCL’s hedging advantage.
Blask 2025 data reveals fully regulated U.S. gambling states cut offshore activity to 38%, while betting-only markets lose 74% to unlicensed platforms.
Kalshi and Polymarket chase $20B valuations as legal battles over sports contracts loom. Investors warn of bubble conditions and regulatory risks ahead.
Kalshi launches preemptive federal lawsuit against Iowa regulators over prediction market oversight, joining growing national legal battle with split court rulings.
Rubrik (RBRK) stock surges 5% after hours on Q4 revenue of $377.7M beating estimates. FY2027 guidance tops consensus at $1.602B midpoint.
Airbnb (ABNB) stock declined 5% after revealing a $2.5B bond sale. Discover why investors are concerned about the company’s increasing cost of capital.
RLX Gaming deploys its complete slot collection on Fanatics Casino across New Jersey and Pennsylvania, marking a strategic expansion in the US iGaming sector.
Uruguay Senator Felipe Carballo proposes new bill establishing state-run platform and regulatory agency to control online gambling amid rising illegal activity.
Brent crude surpasses $100 as Iran closes Strait of Hormuz. IEA releases 400M barrels from reserves while US temporarily eases Russian oil sanctions.
Ulta Beauty (ULTA) stock dropped 8% after hours despite Q4 revenue beat as fiscal 2026 EPS guidance disappointed analysts. Full earnings breakdown inside.
BESI stock surged 10% to record highs after reports emerged that Lam Research (LRCX) and Applied Materials (AMAT) are exploring acquisition opportunities.
Brazil’s tax authority issues comprehensive guidelines for sports betting income tax, establishing a 15% rate on net annual profits above BRL 28,467.20.
Sweden bans Novatech for unlicensed gambling operations. The move follows a record-breaking €24.9 million fine from the Netherlands for targeting locals.
Alibaba (BABA) has invested $35M in Singapore-based MetaComp, a stablecoin payment platform processing over $10B in transactions across global markets.

