Tag: Earnings
DraftKings shares sell off sharply after company reports slowed customer growth
Third-quarter customer growth slowed more than expected for fantasy sports giant DraftKings and investors reacted strongly. The stock price... more
Bally’s cautious as profits thin
Third-quarter profits for Bally’s Corp. narrowed substantially, from $61 million last year to $593,000 this year. Even so, CEO Lee Fenton... more
Golden Entertainment reports strong Q3, highest-ever revenue month at The Strat in Las Vegas
Golden Entertainment enjoyed a strong third quarter that has continued into October and bodes well for the rest of 2022, the company... more
With third quarter gains, Penn Entertainment plans to focus on 21-44 demographic
Penn Entertainment’s third quarter report, issued Thursday, showed year-over-year increases in revenue and net income. The... more
Buoyed by record performance on Las Vegas Strip, MGM Resorts generates third-quarter revenue of $3.4 billion
MGM Resorts International’s Las Vegas Strip properties are raking in revenue in record numbers. The gaming operator Wednesday reported its... more
Rush Street Interactive misses target, but reduces losses
Rush Street Interactive posted a pre-tax loss of $20.8 million on $148 million in revenue in the third quarter, but “made tremendous... more
Caesars Entertainment reports record earnings in the third quarter
In a report released Tuesday, Caesars Entertainment reported a third-quarter record for adjusted earnings. Same-store adjusted earnings of... more
Gaming and Leisure’s Q3 cash flow, revenue top forecasts; cost main hurdle to Las Vegas Strip deal
Futures aren’t predictable, Gaming and Leisure Properties CEO Peter Carlino said; the best anyone can do is plan ahead. But observers may... more
Aftereffects of Venetian, MGM Growth Properties deals help VICI double third-quarter revenue
VICI Properties touted deals, including the acquisition of a Maryland casino’s land and the financing for a Texas wellness resort, as it... more
Churchill Downs updates on deals, posts forecast-topping 3Q revenue
Churchill Downs rode the momentum of a new partnership with FanDuel and closed acquisitions into its earnings call Thursday. The racetrack... more
