Tag: Earnings
Korea’s Paradise Co keeps rising through 2025 as casino revenues exceed US$60 million in June
Leading Korean foreigner-only casino operator Paradise Co continued its recent surge in June as casino revenues across its properties... more
Macquarie forecast for Light & Wonder falls just shy of US$2 billion 2028 EBITDA target
Macquarie analysts are forecasting that Light & Wonder will achieve Adjusted EBITDA of US$1.94 billion by 2028, falling just short of... more
Analysts split on BetMGM revenue forecast
A pair of stock analysts offered differing takes on BetMGM’s announcement that it was raising revenue and cash-flow guidance for 2025.... more
BetMGM upgrades financial outlook for 2025
MGM Resorts International and Entain co-owned BetMGM has upgraded its financial outlook for 2025, citing a sustained positive momentum from... more
Austria tax reforms loom over otherwise stable bet-at-home in Q1
Despite witnessing year-on-year revenue growth in Q1 2025, bet-at-home AG has expressed concerns about the future gambling landscape in... more
Everi revenues down 4% to $181 million in first quarter on decline in gaming business
Financial technology firm Everi Holdings reported a 4% year-on-year decline in total revenues to US$181.3 million in the three months to 31... more
Genting Singapore continues to show weakness in 1Q25 on hotel room renovation work, weak macro environment
Genting Singapore, operator of Resorts World Sentosa (RWS), reported revenue of SG$626.2 million (US$481 million) in the first quarter of... more
Lottomatica considers M&A options following record Q1
Lottomatica could consider further M&A activity after a record performance in Q1. Lottomatica reported record first-quarter revenue of... more
Sega Sammy’s FY25 sales hit by decline in pachinko but new gaming segment shows promise
The new gaming business segment of Japan’s Sega Sammy Holdings showed positive signs in its first year of operations, generating sales of... more
IGT lowers earnings guidance
Citing macroeconomic uncertainty and a flat lottery market, International Game Technology (IGT) reduced its full-year earnings guidance to... more