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.

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GC BRIEFING - ISSUE 02
$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

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