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Business
October 28, 2022
Red Rock Resorts Publishes Q3 Results
Red Rock Resorts, the NASDAQ-listed holding company that manages Station Casinos LLC and owns an indirect equity interest in it, has published its Q3 results. The company has reported an “effectively flat” revenue on a year-on-year basis compared to Q3 2021. It also signaled a 19% rise in new income and a 1.4$ drop in […]
Business
October 28, 2022
GLPI Posts Strong Q3 Results, Boosts Guidance
Gaming and Leisure Properties (GLPI), a real estate investment trust focused on real property assets for gaming operators, has published its Q3 2022 results. The company recorded slightly higher revenues and a significant profitability increase. A Profitable Quarter for GLPI In Q3 2022, GLPI’s revenues increased to $333.8 million, which represents an 11% year-on-year increase. […]
Business
October 27, 2022
Kindred Expects Strong Year despite Q3 Decline
Online betting and iGaming operator Kindred Group released its official Q3 earnings statement, detailing the company’s current financial status and prospects. The Stockholm-listed operator’s year-on-year revenue dropped by 7%, but the management team remains confident in future success thanks to the strong Netherlands launch and the upcoming World Cup. Financial Results Were Less than Stellar […]
Business
October 27, 2022
Churchill Downs Reports 4.5% AEBITDA Rise
At the beginning of September, horse racing company and owner of Churchill Downs racetrack Churchill Downs Incorporated (CDI) signed a strategic deal with FanDuel, agreeing to supply the operator with services and technology that would allow customers to place pari-mutuel bets on races by the CDI. During the same time, Churchill Downs also announced it […]
Business
October 27, 2022
Evolution Revenue in Q3 Soars by 37% Hitting €378.5M
The leading B2B solutions provider for the online gambling industry, Evolution, released its latest trading update Thursday. Evolution’s Third Quarter Revenue Increased by 37% The recent report outlined the company’s financial performance for the period between July and September or the third quarter. In Q3 this year, Evolution reported €378.5 million ($380.4 million) in operating […]
Business
October 26, 2022
Svenska Spel Revenue Decreases in Q3 by 1% to $178.7M
The state-owned company that operates in the Swedish regulated gambling market, Svenska Spel, released its latest interim report outlining the financial performance for the third quarter of this year. Svenska Spel Revenue Dips by 1% In Third Quarter On Wednesday, the company revealed that its net gaming revenue for Q3 this year halted at SEK […]
Casino
October 26, 2022
Report Highlights Mohegan’s Economic Impact
Entertainment and gaming leader Mohegan published a new report, highlighting the economic impact of its properties. The company said that its venues generated a total of $5.2 billion in local economic activity within a year. Mohegan Commissioned an Inaugural Economic Impact Report Mohegan published the results of its first Economic Impact Report, a study conducted […]
Business
October 26, 2022
Betsson Enjoys Record €200.3M Revenue for Third Quarter
Betsson, the leading holding company within the growing iGaming industry, released its latest financial results, outlining the company’s performance for the third quarter of 2022. The Company Reports Best Quarter Ever On Wednesday, the company acknowledged that it has seen its best quarter ever with revenues hitting €200.3 million ($200.7 million). This result marked an […]
Business
October 26, 2022
Tabcorp Annual General Meeting, Q1FY23 Trading Update
The company’s recent demerger of lottery and keno has meant that each company will have its own focus and will be able to create its own strategy moving forward. The latest financial results for Tabcorp indicate that the main goal it had set for itself is on course to being met, and quickly. Expected Financial […]
Business
October 26, 2022
Boyd Gaming Posts Stellar Results Despite World Economic Downturn
US gaming operator and FanDuel strategic partner Boyd Gaming Corporation has announced solid financial results for the third quarter of 2022, which ended on September 30, 2022, despite worldwide economic challenges. Boyd Gaming Reported 4% Increase in Revenue Year-On-Year The cost-of-living crisis does not seem to be affecting people’s drive to gamble as Boyd Gaming, […]
