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24.06.25 - 18:30
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Polymarket Raising $200 Million At Unicorn Valuation, Led By Thiel′s Funders Fund (ZeroHedge)
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Polymarket Raising $200 Million At Unicorn Valuation, Led By Thiel's Funders Fund
It's been a good year for Polymarket. After first notching record traffic last month, the blockchain-based prediction market then signed a deal earlier this month with Elon Musk's xAI company, becoming the official prediction market partner for xAI and X. And now Polymarket is on the edge of raising $200 million in new capital at a $1 billion valuation, according to The Information.
Peter Thiel's Founders Fund is said to be leading the round, according to the report. The $200 million figure includes $50 million that was raised in previously unannounced funding.
Shayne Coplan, CEO, Polymarket, speaks at Consensus 2024.
In May, Polymarket reached a record high in terms of website traffic in May with 15.9 million visits, more than rival betting markets FanDuel, DraftKings and Betfair, and roughly 10x more than direct competitor Kalshi.
It's surreal just how big Polymarket has gotten pic.twitter.com/iXT52YQkE...
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10.06.25 - 12:57
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Flutter response to Illinois Transaction Fee (GlobeNewswire EN)
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NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world's leading online sports betting and iGaming operator, notes the recent decision by the Illinois State legislature to introduce a betting transaction fee for licensed operators on all sports wagers placed within the state from July 1, 2025 (“Illinois Transaction Fee”)....
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14.05.25 - 22:33
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Flutter announces completion of NSX acquisition (GlobeNewswire EN)
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DUBLIN and TORONTO, May 14, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment (NYSE: FLUT; LSE: FLTR) (“Flutter”) the world's leading online sports betting and iGaming operator today announces that it has completed the acquisition of an initial 56% stake in NSX Group (“NSX”), a leading Brazilian operator of the Betnacional brand for cash consideration of approximately $350m1....
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14.05.25 - 19:00
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Horse racing leaders break ranks to push for higher taxes on online casinos (The Guardian)
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Split in gambling lobby emerges as senior racing figures oppose level taxes and flag dangers of online casinosA schism has opened up at the heart of the £11.5bn-a-year gambling industry, after senior figures in horse racing broke ranks and signalled they would no longer object to tougher taxes and regulation of online casinos.In a surprise development, likely to cause headaches for multibillion-pound companies such as Flutter and Entain, some of the most powerful figures in racing in effect turned their backs on digital slot machine and casino products. Continue reading......
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08.05.25 - 00:42
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Flutter Entertainment Swings To Q1 Profit (AFX)
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DUBLIN (dpa-AFX) - Shares of Flutter Entertainment plc (FLUT) Wednesday reported first-quarter net income of $335 million or $1.57 per share, compared to net loss of $177 million or $1.10 per shar......
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