Noted investor Michael Burry, known from 'The Big Short,' has invested in Flutter and DraftKings, expressing confidence in their ability to succeed despite the rise of prediction markets. Burry views these leading sportsbooks as attractive businesses whose stock values are currently underestimated.
At an extraordinary general meeting on September 22, 2026, Evolution AB (publ) shareholders approved several resolutions concerning share capital. These included a reduction of share capital through cancellation of repurchased shares, an increase via a bonus issue without new share issuance, and a further reduction without share cancellation.
Churchill Downs Incorporated (CDI) has successfully closed its amended and extended credit facility, which includes a revolver and Term Loan A. Concurrently, the company also finalized the issuance of a new $500 million Term Loan B.
Amusnet has officially entered the Greek land-based gaming market, installing its Type S 55J cabinets at Regency Casino in Thessaloniki and Mont Parnes. Type S 50F models were deployed at Casino Rodos and Casino Corfu, marking a key regional expansion for the company.
PENN Entertainment and NASCAR, through their Kansas Entertainment joint venture, have broken ground on a new boutique hotel adjacent to the Hollywood Casino at Kansas Speedway. The hotel will be affiliated with Marriott Bonvoy's Tribute Portfolio and developed by Prime Group US and Shaner Hotels, with Kansas Entertainment providing the land.
A new report suggests that MGM Resorts could potentially bid for People Inc, following Diller's rescission of an earlier offer. This indicates a potential shift in the takeover discussions between MGM Resorts and People Inc.