Tag: Earnings
Golden Entertainment’s Strat could benefit from Mirage closing
CBRE has lowered its second-quarter earnings estimate for Golden Entertainment, due to strong competition in the Las Vegas locals’ market.... more
Analyst: Closure of Mirage and Tropicana “earnings catalyst” for mid-tier Strip properties
A Wall Street analyst said the closing on July 17 of The Mirage, combined with the already-closed Tropicana, should catalyze higher rates... more
Analysts: Strong Las Vegas Strip revenue in May bodes well for second-quarter earnings
A strong May for gaming revenue on the Las Vegas Strip bodes well for casino operators when they report their second-quarter earnings in... more
Rivalry’s betting handle, revenue up in Q1 compared to prior quarter
Toronto-based Rivalry, an international igaming and sports betting operator targeting gen-z players, is reporting an 11 percent increase in... more
Playtech business update highlights solid 2024 performance to date
Gambling software developer Playtech has issued a trading update covering its performance in the first four months of 2024, reporting that... more
Better Collective team covers first-quarter highlights in earnings call
Digital sports media group Better Collective held its first-quarter webcast on Wednesday, with co-founder and CEO Jesper Søgaard... more
Better Collective Q1 revenue up 8 percent year-over-year
Digital sports media group Better Collective reported €95 million ($103 million) in first quarter revenues, up 8 percent year over year.... more
In Q1 business update, Allwyn Entertainment anticipates revenue growth
Global lottery operator Allwyn Entertainment reported that, once audited, first-quarter revenue is expected to reach between €2.00 billion... more
Sportradar reports a loss in first quarter despite a 28 percent revenue increase
Sports technology company Sportradar has released its financial results for the first quarter, an while revenue was up year over year, the... more
IGT CEO exuberant on earnings call
“We’re in the best shape we’ve been in in a decade,” proclaimed International Game Technology CEO Vince Sadusky, referring to a first... more
