Writer: Matthew Crowley
IGT touts momentum from iSoft deal as it reports forecast-topping earnings, revenue
Strong global gaming performance and the closed acquisition of iSoftBet boosted third-quarter revenue for International Game Technology.... more
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
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
Galaxy Gaming posts loss, revenue increase for second quarter
Galaxy Gaming, a Las Vegas casino table-game and systems developer, manufacturer, and distributor, posted a net loss, reversing... more
Century Casinos’ second-quarter earnings and revenue both rise, but results mixed with analysts
Century Casinos said a post-COVID rebound in Canadian casino business helped boost its second-quarter fortunes, as earnings per share rose... more
Accel Entertainment closes Century Gaming deal, tops Street forecast with second-quarter results
With its deal for Century Gaming closed, video gaming terminal provider Accel Entertainment issued pro forma revenue guidance for 2022 that... more
SciPlay’s posts lower earnings, higher revenue in second quarter; payer conversion rate rises
Las Vegas-based mobile- and web-platform game maker SciPlay Corp. posted a record payer conversion rate and higher average revenue per... more
Light & Wonder posts wider loss, but revenue tops Street forecasts
Light & Wonder touted the completed divestiture of its lottery business and reduced debt during its second-quarter earnings report. But... more
