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 […]
Business
April 15, 2026
Rank Group Highlights Growth Across the Board in Q3 Report
Rank Group, a gambling company based in the United Kingdom, just published its report for the third quarter of the fiscal year (the three months ended March 31, 2026). The report highlighted stable growth across all divisions, demonstrating the strength of Rank Group’s business. Rank Group Highlighted Q3 as a Strong Period for Its Business […]
Industry
April 9, 2026
New Jersey’s 2025 Casino Results Show Slight Decrease in Revenue
The New Jersey Division of Gaming Enforcement (DGE) has published its casino revenue report for Q4 2025, highlighting a slight increase in revenue. With all quarterly results now available, the regulatory body determined that the casino revenue for the year was mostly in line with the results reported in 2024. The 2025 Profits Declined Slightly […]
Prediction Markets
March 20, 2026
Kalshi Secures $1B in Capital, Valuation Reaches Approximately $22B
Reports say that prediction markets leader Kalshi has secured $1 billion in fresh capital in its latest funding round. According to people familiar with the matter, the round was led by Coatue Management. The Funding Round Sends Kalshi’s Valuation into the Stratosphere Coming shortly after rumors suggesting that Kalshi was on the lookout for extra […]
Business
March 20, 2026
Allwyn Posts Steady Growth in 2025, Eyes Strategic Expansion
Allwyn closed out 2025 with steady momentum. Under the surface, however, the company focused on its significant restructuring efforts as it balanced rising revenues with shifting costs and a series of strategic moves aimed at redefining its global footprint. Going into 2026, Allwyn will likely aim to maintain growth while streamlining its existing operations. Most […]
Business
March 17, 2026
Star Entertainment Might Take $400M Loan from WhiteHawk Capital
Executives from California-based private credit firm WhiteHawk Capital have traveled to Australia to tour Star Entertainment’s casinos as they weigh the possibility of lending the struggling operator more than $400 million, according to local news outlet Australian Financial Review. WhiteHawk Capital Visit Star Entertainment’s Casinos According to the reports, WhiteHawk’s Managing Director Alex Zuckerman visited […]
