Appeals court lets AI pricing antitrust claims against Atlantic City casinos proceed

A federal appeals court on Wednesday reinstated a proposed class action accusing major Atlantic City casino operators of using an AI-driven revenue management system to coordinate hotel room rates and overcharge guests. Reuters reported that the 3rd US Circuit Court of Appeals in Philadelphia found that plaintiffs presented sufficient grounds for their claims to proceed […]

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Churchill Downs Q2 revenue rises 5% to record $980 million, boosted by Kentucky Derby

Churchill Downs Incorporated reported record second-quarter revenue and adjusted EBITDA on the back of another strong Kentucky Derby week and growth at its historical racing machine venues, while separately agreeing to take full ownership of wagering technology provider United Tote. Second-quarter net revenue rose 5% year over year to a record $980 million, while adjusted […]

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BetFury reports $140 million in player payouts in H1 2026

Crypto gaming platform BetFury paid out more than $140 million to players during the first half of 2026, while registrations, deposits and gross gaming revenue (GGR) also increased. Players placed more than 14.1 billion bets between January and June, with total wager volume increasing 15% from the previous six-month period. Compared with the first half […]

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FDJ United reviews markets amid tax pressures, weighs divestments

FDJ United is reviewing its online betting and gaming operations and non-core assets after higher gambling taxes across Europe weighed on its first-half earnings. The company said the review aims to stabilise gross gaming revenue (GGR), optimise resource allocation, and mitigate the impact of tax increases in several jurisdictions. It is considering potential market exits for […]

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ProphetX raises $35 million as it targets threefold increase in 2026 trading volume

ProphetX has raised $35 million as the federally regulated sports-focused prediction market seeks to expand its business-to-business operations, increase market liquidity and accelerate product development. The company is targeting a tripling of trading volume in 2026 through B2B partnerships, institutional market coverage and its proprietary Request for Quote Parlay Mechanism. The fundraising follows ProphetX’s transition […]

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