Day: 14 October 2025

Key Moments: Six casino operators have jointly pledged MOP120 million (US$15 million) to sponsor the Macau Grand Prix in November Each operator is contributing MOP20 million, collectively funding a significant part of the event’s MOP240 million budget Casino investments in non-gaming projects have increased, aligning with government strategies for economic diversification Unified Industry Support for Major Sporting Event Macau’s six leading casino operators have combined resources, pledging MOP120 million (equivalent to US$15 million) as sponsorship for this year’s Macau Grand Prix, scheduled for November. Galaxy Entertainment Group, Melco Resorts &…

Key Moments: Robinhood Markets (NASDAQ: HOOD) has signaled openness to acquiring prediction market companies, according to a company executive. The firm currently partners with Kalshi in the event contracts arena and holds $4.2 billion in cash as of June 30. Polymarket’s estimated $9 billion-$10 billion valuation may place it out of reach, but Kalshi’s $5 billion valuation could make it a more feasible target. Robinhood Considers New Moves in Prediction Markets Robinhood Markets (NASDAQ: HOOD) is exploring opportunities to deepen its involvement in the rapidly expanding prediction market sector. The…