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Despite also reporting a 7% increase in FY2025 revenue to just over $2.9bn, Churchill Downs also witnessed a net income decrease during the full-year period, falling 10.3% to $383m.
The company’s net income for the fourth quarter of 2025 fell 1.6% to $604.8m, however, while adjusted funds from operations (AFFO) totaled $642.5m during the period and increased 6.8%.
The prediction markets operator stated its system flagged both trades and subsequently froze the players’ accounts, confirming neither party withdrew profits from the alleged violations.
This approach supports the creation of a holding company structure, separating the investment and corporate functions from the day-to-day operations of the gambling business.
The campaign is being rolled out simultaneously across Sweden, Denmark and Ontario, representing the company’s largest multi-market brand investment to date.
Authorities claim that Grubi was involved in a corruption scheme in which roughly €8m ($9.44m) was embezzled through the improper procurement of electronic lottery terminals.
Online gambling was a significant contributor to market growth, with online casinos recording double-digit year-on-year increases.
AtlasDFS is currently live with offerings for the NBA and will expand to include sports such as the PGA and NHL by Q2 2026, as well as the MLB and NFL toward the conclusion of this year.
Officials from the Paraná State Lottery attended the launch of a state initiative aimed at training up to 2,000 public servants.
Brazil’s National Council of the Public Prosecutor’s Office has formalized a cooperation framework with 14 entities, including the ANJL.
