Business
April 29, 2026
Caesars Posts $2.9B Revenue in Solid Start to 2026
Caesars Entertainment maintained its momentum going into 2026, posting modest growth across its core verticals. The company achieved net revenue of $2.9 billion for the first quarter, a 3% year-over-year growth. Adjusted EBITDA reached $887 million, a slow but steady increase. Improving trends in Las Vegas, consistent regional performance, and continued online expansion all helped […]
Business
April 29, 2026
RSI Posts Record-Breaking Q1 Results & Optimistic FY 2026 Guidance
American online gaming and betting operator Rush Street Interactive (RSI) has published its financial report for the first quarter of the year, highlighting double-digit increases in both revenue and EBITDA. The strong metrics saw the company set new records, demonstrating the strength and potential of its business. Q1 Was a Period of Strength for RSI […]
Poker
April 27, 2026
Poker Pro Maurice Hawkins Files for Bankruptcy
Prominent poker player Maurice Hawkins had filed for bankruptcy in what some called an attempt to absolve himself from an outstanding poker-related debt. Maurice Hawkins Filed for Liquidation Bankruptcy Last week, Maurice Hawkins submitted a Chapter 7 bankruptcy filing in the United States Bankruptcy Court for the Southern District of Florida. The poker pro, who […]
Business
April 27, 2026
Online Betting Could Be Fueling Bankruptcies, Experts Warn
Bankruptcy attorneys have warned that online betting could be causing an increase in personal bankruptcies and said that people gambling with borrowed money are at an especially high risk of harm. USA Reported an Increase in Personal Bankruptcies Online betting has taken America by storm, with a few states launching online casinos, too. As the […]
Business
April 24, 2026
Penn Entertainment Lauds Q1 as “Another Solid Quarter”
Penn Entertainment has published its financial results for Q1 2026, reporting what CEO Jay Snowden called “another solid quarter.” The company continued to perform favorably, which was reflected in its strong revenues and EBITDA figures. The Company’s Q1 Metrics Highlighted Its Strength Penn Entertainment’s Q1 results reveal Q1 revenues of $1.78 billion versus $1.67 billion […]
Business
April 24, 2026
Las Vegas Sands Highlights Double-Digit Revenue & EBITDA Growth in Q1 Report
Leading casino and hospitality powerhouse Las Vegas Sands (LVS) has published its financial results for the three-month period ended March 31, reporting a double-digit increase in net revenue. Leaders added that the company continued to execute its strategic objectives and deliver strong growth in multiple markets. The Company Experienced Double-Digit Growth In its Q1 2026 […]
Business
April 23, 2026
Churchill Downs Q1 Report Outlines Record Revenue, EBITDA
Churchill Downs Incorporated (CDI) has published its Q1 financials, reporting slight increases across the board. The company’s net revenue hit a new record, attesting to the company’s strong position. A Strong Start to the Year for CDI In the three months ended March 31, 2026, Churchill Downs reported net revenue of $663 million, marking an […]
Business
April 22, 2026
Evolution’s Q1 Held Back by Weak USD & Decline in Europe
Evolution has published its interim report for the period ended March 31 (Q1), highlighting slight decreases in revenue and EBITDA. The suboptimal results were attributed to lackluster performances in Europe. Evolution’s Financials Experienced a Slight Decline In Q1 2026, Evolution reported a 1.5% decline in net revenues to EUR 513 million ($602.3 million). While the […]
Business
April 20, 2026
Bally’s Intralot Sees 35% Revenue Increase, But Merger Might Hide Issues
Bally’s Intralot reported a 34.8% year-over-year increase in group revenue for 2025, driven by the merger of the two companies late last year. Despite that, costs and other financial challenges led to some losses. Merger Contributed a Lot to the Revenue Increase In 2025, the company reported revenue of over $609 million, a significant increase […]
Casino
April 20, 2026
Morongo Tribe Secures $350M Refinancing to Streamline Casino Operations
The Morongo Band of Mission Indians from California has refinanced its existing debt with a $350 million senior secured credit facility. It combines previous obligations related to its casino, the Morongo Casino Resort & Spa, and business operations into a single structure. Morongo Band of Mission Indians Refinances Casino Operations KeyBanc Capital Markets (KBCM) served […]
