Writer: Matthew Crowley
Accel Entertainment posts increases in net income and revenue for fourth quarter and full-year 2022
The June acquisition of Century Gaming rippled throughout Accel Entertainment’s year-end 2022 earnings report Tuesday. The... more
Fourth-quarter adjusted earnings and revenue top forecasts for IGT
Surging global gaming revenue and strong gaming product sales in the U.S. and Canada pushed International Game Technology’s business... more
Gaming and Leisure Properties’ Q4 cash flow and revenue top Street forecasts
A new master lease with seven Penn Entertainment properties and the closure of its $635 million deal for two Bally’s Corp. hotel-casinos... more
VICI Properties revels in five-year prosperity; cash flow and revenue top Street forecasts
VICI Properties ended 2022 with a bang, saying it would spend $1.27 billion and assume $3 billion in debt to take full ownership of the MGM... more
Churchill Downs tops Street forecasts in Q4; adjusted earnings fall short
Boosts from the Kentucky Derby, which set marks for virtually every material metric, and from properties acquired in its deal for Peninsula... more
DraftKings stock surges after execs promise efficiency
When DraftKings officials said “efficient” during Friday’s fourth-quarter earnings call, investors must have heard “excellent.” After the... more
Galaxy Gaming posts loss but rise in revenue for third quarter
Revenue rose for Galaxy Gaming, although higher professional-services expenses and inflation’s wearing effects sent the company to a loss... more
New Light & Wonder CEO presides over Q3 call; earnings per share top forecasts
Light & Wonder’s third-quarter earnings presentation marked a changing of the guard. Matthew Wilson, who was named CEO in October and... more
Financial-tech and gaming-machine revenue surges in third quarter for Everi
Gaming-machine and financial-technology hardware sales sent third-quarter revenue to a record for Las Vegas-based gaming-equipment and... more
Accel Entertainment marks deal closures, posts forecast-topping Q3 results
Video-gambling-terminal provider Accel Entertainment closed two acquisitions during the third quarter and posted earnings per share that... more
