5447 stories by Todd Shriber
Massachusetts Court Grants Injunction Blocking Kalshi’s Sports Prediction Markets
Judge approves attorney general’s request for a preliminary injunction against Kalshi. Injunction goes into effect on Jan. 23. Kalshi expected to appeal, but unless it wins on appeal, it’s barred from offering sports event contracts in Massachusetts. Kalshi is on the brink...
High Roller Gives and Takes as Investors Search for Prediction Market Stocks
The previously high-flying stock tumbled Tuesday on news of a $25 million share sale The volatile stock has been soaring this year as retail traders search for equities with prediction market ties Shares of High Roller Technologies (NYSE: ROLR) are off nearly...
Wynn Coverup: Nightlife Exec Allegedly Took Liquor Company Kickbacks
***Update: Wynn provided Casino.org with a statement. It is in bold in the article's second subhead.*** Whistleblower says a Wynn Resorts nightlife executive took millions of dollars in kickbacks from liquor companies and distributors The source says the executive’s behavior was known to...
Kalshi Running ‘Shadow’ Sportsbook, Claim Class Action Plaintiffs
Some of the plaintiffs have problem wagering habits They believe the prediction market operator attempts to extract profits from gambling addicts The plaintiffs call Kalshi a “shadow” sportsbook that’s defying state gaming laws A group of Kalshi clients, some of whom admit...
DraftKings, Flutter Poised for Q4 Earnings Beat on Improving Hold
NFL hold rates bounced back in November and December Analyst says that’s not reflected in consensus forecasts Prediction markets aren’t product competitive with sportsbooks Flutter Entertainment (NYSE: FLUT) and DraftKings (NASDAQ: DKNG), the two largest US sportsbook operators, could top fourth-quarter earnings...
Robinhood Adds Bespoke NFL Parlays to Prediction Markets Menu
The brokerage house will allow prediction market clients to build their own NFL parlays Like other prediction market operators, Robinhood calls these “combos” Company previewed the offering at its December YES/NO event Robinhood Markets (NASDAQ: HOOD) announced Friday that it's allowing prediction...
UK Sportsbook Midnite Raises $35M in Funding Round Led by Raine
The gaming company raised $35 million in a Series C capital raise. Four previous investors also participated. Raine has extensive gaming investing experience. Midnite, a fast-growing UK-based online casino and sportsbook operator, said it raised $35 million in a Series C funding...
Goldman Sachs Hints at Prediction Markets Entry
CEO David Solomon met with leaders of two large prediction market companies He calls prediction markets “super interesting” He says the Wall Street bank has a team evaluating how the company can get involved Goldman Sachs (NYSE: GS), the largest Wall Street...
J&J Gaming Boosts Midwest Footprint in Midwest Amusements Deal
Distributed gaming operator makes big addition in its home region Midwest Amusements has more than 420 gaming devices across three states Distributed gaming company J&J Gaming said Thursday that it's acquiring Midwest Amusements LLC -- a transaction that bolsters the buyer’s Midwest...
Caesars Stock Trades at Historically Low Valuation, Says Analyst
The downtrodden stock is showing signs of life Analyst says lower-end Las Vegas leisure trends are stabilizing Interest rate cuts could boost the shares Following a dismal showing in 2025, Caesars Entertainment (NASDAQ: CZR) stock is up 6% to start 2026, and...
