Tag: Earnings
MGM China seen hitting US$250 million in adjusted EBITDA in fourth quarter
MGM China should report Adjusted EBITDA of around HK$2 billion (US$250 million) for the December 2024 quarter, representing a 5%... more
BetMGM and Entain stick to 2024 guidance amid mixed sports results
BetMGM and Entain have reaffirmed their full-year 2024 EBITDA guidance ahead of their upcoming financial results. The news comes amid... more
UK’s richest woman collects $199 million as Bet365 profit jumps
Bet365 Group founder Denise Coates was paid about £159 million ($199 million) last year, retaining her title as one of the world’s best... more
Korea’s Paradise Co sees casino revenues climb by 10% to US$556 million in 2024
Korea’s Paradise Co saw its casino revenues climb by 10.2% to KRW818.8 billion (US$556 million) in 2024, cementing its position as the... more
Philippines industry GGR now expected to surpass $6 billion in 2024
The Chairman and CEO of Philippine gaming regulator PAGCOR, Alejandro Tengco, told local media on Tuesday that the country’s gaming... more
Super Group guarantees shareholder dividend, raises full-year guidance
Super Group has announced a special cash dividend for shareholders after surpassing its 2024 financial targets. The NYSE-listed company... more
Golden Matrix Group CEO discusses positive third-quarter results
Golden Matrix Group CEO Brian Goodman has released an update on the company’s latest developments and strategy after a positive... more
After record-breaking year, MGM China expecting increased Macau competition in 2025
The adoption of smart gaming tables across the market and the launch of new high-end hotel suite products will likely mean much greater... more
Resorts World Las Vegas reports worst quarter in two years on ‘abnormally hot summer,’ election year uncertainty
Resorts World Las Vegas, the US flagship of Malaysian gaming giant Genting Berhad, reported its worst quarterly results in the past two... more
Australia: Star chief executive warns liquidity at ‘critical point’
Star Entertainment chief executive Steve McCann has warned the casino group is still experiencing negative monthly cash flows, and begged... more