Finance

12 Articles
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Finance

Kalshi Valued At $2B, Polymarket $1B, In New Funding Rounds

Kalshi revealed it raised $185 million just a day after Polymarket raised $200 million

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Finance

What Does HG Vora Want With ESPN Bet Owner?

Activist investor's fight with Penn Entertainment brings intrigue to Tuesday’s annual meeting

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Finance

Penn Shareholders Face Tough Choice As Advisory Firms Disagree on Activist’s Board Proposal

Institutional Shareholder Services (ISS) backs a proposal from HG Vora, but Glass Lewis doesn't

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Finance

Proposed Illinois Tax Hike Wipes $3B Off DraftKings’, Flutter’s Combined Market Cap

Analysts warned the impact of the new tax would be hard to mitigate

Kalshi CEO Tarek Mansour speaks at Solana Accelerate Conference
Finance

Kalshi Boss: Our Contracts Will Be Available From 401(k) Providers In 2026

Tarek Mansour also may have hinted that parlays could be available by NFL season

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Finance

Activist Investor Accuses Penn CEO Of Using Company Plane As ‘Personal Uber Service’

In a slide presentation, HG Vora laid out its complaints against the ESPN Bet operator

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Finance

Penn Hits Back At ‘Short-Sighted’ Activist Investor, Doubles Down On ESPN Bet Plans

It's the latest skirmish in a battle between Penn and its third largest shareholder