Writer: Matthew Crowley
DraftKings pushes full-year revenue guidance past $1.2 billion; loss narrows
Those cheers from the now-full sports stadium stands? Could be trackers of DraftKings’ revenue. With the sports calendar back to normal... more
Following merger news, MGM Growth posts cash flow drop, flat revenue for Q2
The earlier-in-the-week acquisition news was so loud that earnings news seemed almost like a muted afterthought for MGM Growth Properties.... more
Post-COVID bounce back sends Everi Holdings to record quarterly revenue, earnings
Las Vegas-based gaming-equipment and cash-access provider Everi Holdings enjoyed a huge COVID bounce-back in the second quarter. Quarterly... more
Accel Entertainment posts record cash flow, revenue, but misses Street forecast
Accel Entertainment posted record second-quarter revenue, a 19% jump in placed video lottery terminals and an 8% jump in placements in its... more
Lottery gains boost International Game Technology as net income, revenue top Street forecasts
Gains across games, geographies, and channels drove same-store lottery sales 35% higher during International Game Technology’s second... more
Rent escalator buoys Gaming and Leisure Properties; cash flow and revenue top Street forecasts
A $22 million year-to-year jump in rental income fueled a strong second quarter for Gaming and Leisure Properties. The real estate... more
Churchill Downs announces big capital projects; cash flow and revenue surge past Street forecasts
Churchill Downs stacked enough records in the second quarter to stock a small jukebox: record net revenue and adjusted cash flow at four... more
Big assets yield big upside, VICI Properties chief says; REIT’s cash flow, revenue top forecasts
Big splashes had VICI Properties Chief Executive Edward Potoniak feeling smashing on Thursday. In 2020, VICI Properties made a figurative... more
IGT’s first-quarter performance smashes forecasts but analysts temper CEO’s predictions
Since masks became part of everyday wardrobes and social meetings required 6-foot distances, market watchers (and others) have speculated... more
Scientific Games says lottery, digital business buoy first-quarter results
Scientific Games posted a narrower loss and a jump in revenue in the first quarter, both of which topped Wall Street forecasts. But the Las... more
