Notice that the specific question was around SPORTS contracts.I have been in the same belief that the sports 'prediction markets' are just gamblingThe economic, finance, election, culture, etc are much more than just sports gambling.I stand by that, and firmly believe that they are not one and the same as gambling.Coffeezilla (@coffeebreak_YT):Here's the gambling industry:"New AGA research shows Americans view sports event contracts as gambling. 85% say these contracts are gambling, not financial instrument ...

Core Viewpoint - Everything Blockchain Inc. (EBZT) is launching Sports Edge AI, an AI-driven trading system focused on sports prediction markets, aiming to provide investors with exposure to this emerging niche [1][4]. Group 1: Company Overview - EBZT is a public AI development lab based in Jacksonville, Florida, and is targeting the sports prediction markets through its new product, Sports Edge AI [1]. - The company believes that the sports prediction market is still largely overlooked by larger public companies, presenting a unique investment opportunity [1][4]. Group 2: Product Details - Sports Edge AI is an automated research and trading system that continuously analyzes live odds from sports prediction markets and compares them to EBZT's internal probability models [3]. - The system identifies significant pricing gaps and generates trading signals to manage positions using the company's capital [3]. Group 3: Market Potential - The sports prediction markets are characterized as young and inefficient, with prices often influenced by retail flow and rapid news cycles, creating opportunities for mispricing [4]. - EBZT sees potential for AI to enhance trading strategies in this data-driven environment, where larger trading firms have not yet established a significant presence [4]. Group 4: Strategic Partnerships - The company is exploring collaborations with a tier-1 UFC fighter to promote the Sports Edge AI brand and connect with mainstream sports fans [5]. - This initiative is part of a broader strategy to build a suite of AI-driven tools for digital markets, with Sports Edge AI being the second project following CloverMint [6]. Group 5: Future Plans - EBZT aims to provide shareholders with a public vehicle that offers exposure to multiple AI-driven products in both digital asset and prediction markets [6].

Summary of Entain Q3 2025 Financial Update Company Overview - **Company**: Entain - **Segment**: Online Sports Betting (OSB) and iGaming Key Financial Highlights - **Cash Distribution**: BetMGM will return at least $200 million to parent companies by year-end [2][12] - **Revenue Guidance**: Upgraded full-year revenue guidance to at least $2.75 billion, up from $2.7 billion [2][11] - **EBITDA Guidance**: Expected EBITDA of approximately $200 million, increased from at least $150 million [2][11] - **Q3 Performance**: - Net revenue of $667 million, a 23% year-on-year growth [2] - Year-to-date revenue up 31% with EBITDA at $150 million [3] Online Sports Betting (OSB) Insights - **Q3 OSB Revenue**: $202 million, a 36% increase from Q3 2024 [3] - **Player Acquisition**: Focus on acquiring and reactivating players, particularly in premium segments [4] - **Monthly Active Users**: Slight decrease year-on-year, but improved payback economics observed [4] - **Handle Growth**: Up 13% with NGR margin expanding by 110 basis points [4] iGaming Performance - **Q3 iGaming Revenue**: $128 million, a 21% increase [7] - **Player Metrics**: Active players up 21% despite no new market launches since 2022 [8] - **Content Offerings**: New exclusive content and improvements in player management driving growth [8] Product Enhancements - **App Upgrades**: Significant improvements in app speed, features, and stability ahead of the NFL season [5][6] - **New Features**: Launched live Same Game Parlays (SGPs) and enhanced rewards dashboard [6] - **Brand Campaign**: "Make It Legendary" campaign featuring Jon Hamm and Derek Jeter [6] Market Dynamics and Regulatory Environment - **Prediction Markets**: No significant impact on OSB from prediction markets; regulators maintain a clear stance against them [13][14] - **Regulatory Compliance**: Commitment to responsible gaming and compliance with state regulations [13][14] Future Outlook - **Q4 Expectations**: Strong momentum expected to continue, with new online sports launch in Missouri planned for December [10] - **Long-term Growth**: Anticipation of further iGaming state expansions and improved player acquisition strategies [50][51] Additional Insights - **Cash Management**: Targeting a minimum unrestricted cash balance of $100 million, with plans for quarterly distributions of excess cash [12][30] - **Cost Management**: Focus on operational efficiencies and timing of expenses to enhance profitability [42][43] Conclusion - **Overall Health**: The business remains robust with strong underlying metrics and a positive outlook for the remainder of 2025 and into 2026 [14][91]

Partnerships - Underdog 和一家公司合作，在美国推出体育预测市场 [1] Market Expansion - 公司正在美国扩展体育预测市场 [1]