Writer: Matthew Crowley
On heels of $2.49 billion acquisition, Churchill Downs tops Street forecasts for earnings, revenue
Churchill Downs rode a blockbuster deal into its fourth-quarter earnings call: the $2.49 billion acquisition of Peninsula Pacific... more
VICI chief hails close of deal for Venetian land; Q4 revenue tops Street forecasts
VICI Properties CEO Ed Potoniak was ready to celebrate. On Wednesday, the real estate investment trust he leads closed the $6.4 billion... more
Mounting costs cast a shadow over DraftKings’ earnings call; shares plunge
In its fourth-quarter earnings call on Friday, sports betting giant DraftKings said it expected a decline in its adjusted earnings before... more
MGM Growth Properties cash flow, revenue fall in fourth quarter, but top Street forecasts
As it waits to merge with VICI Properties, MGM Growth Properties reported fourth-quarter drops in a key cash-flow measure and revenue, but... more
AGS says it will refinance debt; share price rises 7% in regular trading
Electronic slot and bingo machine maker AGS’ shares jumped more than 7% Tuesday after the company issued early fourth-quarter... more
Galaxy Gaming reverses loss and posts higher revenue as it announces lawsuit settlement deal
Galaxy Gaming, a Las Vegas-based casino table games and systems developer, manufacturer, and distributor, this month reached a settlement... more
Lottery strength and other gains boost IGT’s third quarter, topping forecasts
Double-digit-percentage revenue gains in each of its business segments brightened International Game Technology’s third quarter. Global... more
SciPlay earnings top Street forecasts, but revenue misses
Strong performance from its Gold Fish Casino game buoyed SciPlay’s third quarter. The Las Vegas-based maker of games for mobile and web... more
Century announces new hotels in Missouri, beats forecasts
Increased visitation at local and regional properties, helped by the receding pandemic, boosted third-quarter results for Century Casinos.... more
DraftKings loss widens, revenue misses Street forecasts, but CEO pumps potential
Fantasy sports wagering giant DraftKings eagerly shared its good results from the third quarter — a 31% rise in monthly unique players... more
