Genius Sports

Showing 128 articles

Nevada Court Blocks Polymarket, Citing Precedent in Crypto Prediction Market Crackdown

A Nevada judge has barred prediction market platform Polymarket from operating in the state, leaning on recent federal rulings against similar platforms. The decision marks a significant setback for the company's regulated U.S. relaunch and underscores the ongoing legal tension between state gambling laws and federal commodities regulations.

Business

Disney Q1 Earnings Beat Estimates Despite $110M YouTube TV Blackout Hit; Succession Decision Looms

The Walt Disney Company posted stronger-than-expected fiscal first-quarter results, with revenue climbing to $25.98 billion. However, a costly autumn carriage dispute with YouTube TV shaved $110 million from operating income, even as the company's Experiences division and streaming services showed robust growth. All eyes are now on the board's imminent decision on CEO Bob Iger's successor.