Key Takeaways Casino.org, Casino Guru, and Covers.com are now inside Genius Sports platform after the $1.2 bn Legend acquisition close. Q1 revenue beat consensus by 10% at $188M, while EPS missed by 20x at -$0.21 on acquisition costs. Q2 forecast projects $185M revenue with $45M EBITDA, nearly doubling Q1 margin from Legend integration. The London-based,…
## Market Snapshot Iran’s airspace closure market for May 8 is priced at 4.1% YES, unchanged from 24 hours ago with the deadline today. For May 31, the market reflects a 34.5% YES probability, up from 28% a day earlier. The Bab el-Mandeb Strait closure market is currently priced at 7.2% YES. ## Key Takeaways…
Boston-based travel blogger Jake Rosmarin is among the approximately 100 people aboard the m/v Hondius, a cruise ship in the Atlantic Ocean now struggling to contain a deadly hantavirus outbreak. In a tearful video Rosmarin filmed for TikTok, the outside world was asked to remember the “uncertainty” for passengers. “What is happening is very real…
A company that publicly commits to only ever accumulating BTC will give short sellers and arbitrageurs more angles to exploit. Bitcoin advocate Samson Mow has pushed back against criticism that Strategy has betrayed its principles by saying it would sell BTC at some point in the future to pay dividends. In a post published…
Brian Barrett: This is the first time I’ve thought about contact tracing in many years, and I was so happy not thinking about it for so long, because it is such a complicated process and something that is really hard work to do. Emily, given all of that, what is the level of concern here,…
Key Takeaways Coinbase reached 8.6% crypto trading volume market share, setting a new company high. Derivatives adoption lifted retail annualized revenue above $200 million, expanding Coinbase’s revenue mix. Base and USDC activity could further strengthen Coinbase’s role in digital payments. Coinbase Hits Record Market Share as Derivatives Revenue Tops $200 Million Coinbase Global Inc. (Nasdaq:…
