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How to play Ultra Rich
David, at the time, said she was “optimistic but prudent” about Entain’s Q1 performance.
Numbers have remained steady a year on, and in H1 this year, various markets were hailed as core growth drivers for the business, including Australia, New Zealand, Spain and the UK.
Meanwhile, cost-saving efforts have seen retail shops and operational roles cut this year. And the group has chosen to exit its CEE business and sell off a significant share.
What is Ultra Rich?
One interesting nugget surrounds weekend figures at Kalshi, where volume on Sunday only surpassed prior daily activity by $34 million, BofA data shows. Typically, Sunday volume for the quarter dwarfs that of College Football Saturdays due to the voracious demand for NFL offerings. BofA analyst Shaun Kelley attributes the irregularity to the possibility that Kalshi is “over indexing” on college sports.
Kelley also cited improvements at Robinhood as a possible factor for the regression at Kalshi. Just before the NFL season, Robinhood took a minority stake in Crypto.com and struck a deal to begin routing NFL contracts to OG.com, the site’s regulated prediction market platform.
A 40% weekly increase at Crypto.com combined with the attrition at Kalshi may reflect the enormity of the Robinhood deal, according to Kelley.
What is Ultra Rich?
Carrot Top’s Friday and Saturday (Sept. 19) shows at Luxor’s Atrium Showroom were canceled. The residency is dark on Sundays.
The Florida native—known on his driver’s license as Scott Thompson—was facing legal troubles, according to news reports.
Carrot Top’s legal team told TMZ that the comedian was the target of an extortion attempt in the weeks leading up to his suicide attempt, according to a Sept. 3 court filing obtained by the entertainment website. His attorney alleges that Brian Evans threatened to leak a sex tape involving the 61‑year‑old performer into the court docket unless he received a $500,000 payout.
