PointsBet reported a 16% decline in first-half revenue to A$112.7 million ($78.5 million) for the six months ended September 30, driven by weaker sports betting performance in Australia. Normalised EBITDA shifted to a loss of A$6.9 million ($4.8 million), down from a A$2.9 million profit in the prior-year period. Despite the downturn in its domestic market, the operator continued to progress its expansion in Canada.
Summary based on reporting by Yogonet, which retains all rights to its text and images.
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Prediction market platform Kalshi has secured a $40 billion valuation following a $1 billion Series G funding round. The investment tests investor confidence as the company faces mounting legal and regulatory challenges across the United States regarding its sports event contracts.
The Star Entertainment Group returned to positive group EBITDA in Q1, with total revenue rising two percent year-on-year to A$284 million for the quarter ended September 30, 2026. Combined segment EBITDA grew to A$35 million, supported by A$162 million in revenue and A$15 million in EBITDA from The Star Sydney.
Sportradar generated strong revenue and profit growth in the third quarter of 2026, driven by a 24% year-on-year increase in revenue to €362.5 million.
Seaport Research Partners projects that Macau's gross gaming revenue will decline by 6.1% year-on-year in November, potentially extending the market's downturn to six consecutive months. The negative outlook is attributed to persistent weak demand affecting the region. This follows official October data showing a 10% year-on-year drop in gaming revenue to MOP$21.7 billion.
Lottomatica has expanded its footprint in Italy after reporting record online market share across its digital gaming operations. The Italian operator is simultaneously positioning itself for broader expansion via a planned merger with Cirsa.