Writer: Matthew Crowley
100% rent collection helps VICI Properties weather COVID fallout
VICI Properties CEO Edward Potoniak seemed to enjoy a whiff of “we showed you” triumph. If market watchers were waiting for 2020’s... more
MGM Growth collects all 2020 rents; cash flow, Q4 revenue in line with forecasts
MGM Growth Properties hung tough amid the coronavirus pandemic’s lingering fourth-quarter gloom. The Las Vegas-based real estate... more
Coronavirus pandemic’s long shadow lingers on Galaxy Gaming in third quarter
It was déjà vu all over again for Galaxy Gaming. The second quarter’s downward trends continued in the third quarter as the company had... more
Leagues’ return to play boosts DraftKings; shares jump after revenue tops forecasts
Major American sports leagues’ return from their coronavirus-related hiatuses had fans celebrating and third-quarter business for sports... more
Global lottery performance lifts IGT Q3 revenue sparking stock-price surge
Improved liquidity and shrunken debt helped International Game Technology boost revenue and the third quarter. Although the company felt... more
Century Casinos officials: Company may focus on U.S. acquisitions
Increased spend per visit and time spent on the device, and the steady post-coronavirus shutdown return of core customers lifted Century... more
Accel Entertainment officials tout stock offering, DraftKings deal, hint at acquisitions
Having more video gambling terminals in more places, a new deal with sports betting operator DraftKings and reaping $90 million from a... more
AGS shares surge despite posting wider Q3 loss and lower revenue
The coronavirus blues lingered stubbornly for electronic slot and bingo machine maker AGS said. Even though casinos began to reopen from... more
SciPlay earnings and revenue rise as social gaming prospers during closures
SciPlay Corp. thrived during the coronavirus shutdown, providing a diversion for homebound game players amid state officials-ordered casino... more
Board shift, sparked by billionaire’s share sale, boosts optimism for Scientific Games
Debt remeasurement and coronavirus-related disruptions weighed heavily on third-quarter earnings for gaming equipment provider Scientific... more
