Flutter's third-quarter net loss widened 46 per cent to $1.15bn, chiefly because of an $873m non-cash impairment charge relating to the iGaming ban in Brazil.
Revenue rose 2.1 per cent to $3.87bn, missing the $4bn consensus. Adjusted EBITDA fell 25 per cent and Flutter lowered its full-year forecasts.
CEO Dan Taylor said FanDuel's prediction markets product was "not competitive" at first, but is greatly improved.
Picture: 5star.media
Why it matters: The cost of Brazil's ban is now on Flutter's books, and its full-year outlook has come down with it.
Nebraska voters rejected Initiative Measures 440 and 441, which would have legalised online sports betting, despite a $22.5m industry push.
SBC Americas says the biggest obstacle to Texas sports betting and iGaming will be gone when lawmakers return to Austin for the 2027 session, after Patrick's loss.
Democrats won control of the US House. SBC Americas says the result changes the expansion outlook in several states that start 2027 with new governors or majorities.
Picture: 5star.media
Why it matters: One state said no at the ballot box, while the election reopened the 2027 legislative map elsewhere.
Kalshi has raised $1bn in a Series G round that values it at $40bn, up from $22bn in May 2026.
The Second Circuit denied Kalshi temporary relief against New York and Connecticut. New York Attorney General Letitia James has also taken Kalshi to court over influencer ads and "no house" claims.
Arkansas Attorney General Tim Griffin sued Kalshi and sweepstakes operator VGW in separate filings.
Picture: InterGame
Why it matters: Investors are paying more for Kalshi even as the states' legal campaign against it widens.
Super Group's third-quarter revenue rose 10 per cent to $611m, nearly half of it from Africa, where Nigeria and Mozambique drove growth.
Sportradar grew revenue 24 per cent to €362.5m and profit 20 per cent to €27.0m. CEO Carsten Koerl said prediction market stakeholders made "significant contributions".
Lottomatica's nine-month revenue rose 5 per cent to €1.72bn, with iGaming up 13 per cent to €781m.
Picture: Gaming Intelligence
Why it matters: Online casino, African markets and prediction market clients carried the quarter's growth.
Bets from 12 prediction-market accounts correctly predicted the exact order of the men's Ballon d'Or top five: Harry Kane, Kylian Mbappe, Lamine Yamal, Rodri and Lionel Messi.
Groupe Amaury says it will file a complaint over suspected leaks of the results. Organisers France Football insist the winner is chosen by an independent vote.
Picture: Ank Kumar, Wikimedia Commons, CC BY-SA 4.0
Why it matters: A suspected leak of a sports award result, traded on a prediction market, is now a police matter in France.
