Tag: Earnings
DraftKings’ strong 1Q24 results a product of strong across-the-board performances
With Wall Street analysts viewing DraftKings 1Q24 results positively and year-over-year revenue up 53% for the quarter, CEO and Co-founder... more
DraftKings revenue up 53% year-over-year in Q1
DraftKings Thursday reported revenue of $1.175 billion for the first quarter of 2024, a 53% increase over the $770 million generated during... more
Vici covets smaller Las Vegas casinos
Executives of Vici Properties, the real estate investment trust (REIT) that owns most of the major casinos on the Las Vegas Strip,... more
Penn’s 1Q24 results dragged down by subpar interactive returns
For the first 20 minutes of Thursday’s investors’ conference call, Penn Entertainment CEO Jay Snowden went to great lengths to... more
Las Vegas: Vici vows Venetian facelift
Vici Properties Wednesday announced first-quarter revenues of $951.5 million, an 8.4 percent improvement over the first quarter of 2023.... more
MGM credits regional and global reach, digital, and Marriott partnership as contributors to record Q1
MGM Resorts International’s earnings conference call Wednesday was marked by a slight change in presentation. Instead of CEO Bill... more
MGM reports record revenue in 2024’s first quarter
MGM Resorts International Wednesday reported revenue of $4.4 billion for this year’s first quarter, a quarterly record, and a 13%... more
Bally’s: “No urgency” about Tropicana site, Chicago profitability on track
During Wednesday’s earnings call with Wall Street analysts, Bally’s Corporation executives indicated no intentions for the site of the... more
Bally’s revenue up in first quarter, though profit swings to loss
Bally’s Corp. posted a loss of $173 million in the first quarter of 2024, released after the closing bell on Wall Street. This triggered a... more
Rush Street Interactive enjoys “strong momentum,” says CEO
Rush Street Interactive experienced “the same strong momentum with which we ended December,” according to CEO Richard Schwartz. He said... more

