GC Briefing · Issue 02 · September 2026
THE $1.12BN SURGE
Kalshi sold over a billion in equity while states lined up to sue it, the month prediction markets went institutional, Flutter's new era, and Evolution's board saying no.
$1.12bn
Equity Kalshi has sold since April per its SEC Form D filing
SEK 695
Candle Lake's per share offer that Evolution's board rejected
99.91%
Scheme shares voted in favour of the Bally's Intralot deal
$210m
Flutter's cut to full-year guidance, pinned on the US book
132
Betting shops Betfred will close following the UK tax hike
98
Illegal gambling websites blocked by the Danish authority