Tag: Earnings
DraftKings shares surge on better-than-expected first-quarter results
Sports-betting giant DraftKings’ shares surged 15% Friday in the aftermath of better-than-forecast first-quarter results. In addition,... more
Red Rock reveals few details on stadium deal with A’s during earnings call
The first-quarter earnings call with Red Rock Resorts raised more questions than answers on the casino company’s deal to sell 49 acres to... more
Penn Entertainment’s first quarter earnings call elicits questions about Barstool personality
Penn Entertainment’s 2023 first quarter report revealed revenue of $1.67 billion, a year-over-year increase of 6.8%. Net income increased... more
Accel Entertainment’s first-quarter revenue rises to top Wall Street forecasts
The 2022 acquisition of Century Gaming continued to echo throughout Accel Entertainment’s quarterly-earnings tables. The company celebrated... more
Rush Street Interactive exceeds Wall Street expectations
Although management disagreed, stock analysts were pleasantly surprised by Rush Street Interactive’s first-quarter earnings. Rush Street... more
Caesars: Sports pushing out lower-tier customers in favor of higher-end, a boon for Vegas casinos
Caesars Entertainment CEO Tom Reeg believes that sporting events and entertainment are bringing in higher-end customers and displacing... more
Caesars reports first-quarter record for Las Vegas adjusted earnings
Caesars Entertainment reported a first-quarter record for adjusted earnings in Las Vegas. In an earnings call Tuesday, Caesars reported net... more
News from Japan and Macau highlights MGM earnings call
Although MGM Resorts International had a stellar first quarter in 2023, CEO Bill Hornbuckle started Monday’s earnings call with news about... more
MGM’s first quarter “one of the best ever”
How good was MGM Resorts International’s first quarter in 2023? According to CEO Bill Hornbuckle, few, if any, quarters have been better... more
Gaming and Leisure Properties tops Wall Street first-quarter forecasts
Gaming and Leisure Properties Chief Executive Officer Peter Carlino said Friday that he used to tell investors that gaming revenue was so... more
