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Business
May 8, 2025
Galaxy Entertainment Group’s Growth Remains Stable, Company Bullish on 2025
Galaxy Entertainment Group (GEG), one of Macau’s casino concessionaires, has reported its Q1 results, highlighting a stable increase in revenue and EBITDA. GEG’s Q1 Was Strong In Q1, Galaxy Entertainment’s total GGR reached HKD 10.9 billion ($1.4 billion), up 14% year-on-year. This figure represented a slight quarter-on-quarter decline due to seasonal fluctuations but still demonstrated […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]
Business
May 8, 2025
Light & Wonder’s Momentum Continues with 16th Quarter of Revenue Growth
Leading gaming content supplier Light & Wonder has published its financial report for the first quarter of 2024, highlighting continued growth in revenue. This notably marked the 16th consecutive quarter of year-on-year consolidated revenue growth. The Sixteenth Consecutive Quarter of Growth Light & Wonder’s financials for the here months ended March 31, 2025, show consolidated […]
Industry
May 8, 2025
FanDuel’s U.S. Sports Betting Strength Drives Flutter’s Q1 Surge
NYSE- and LSE-listed online sports betting and iGaming operator Flutter Entertainment is off to a strong start in 2025, thanks in large part to FanDuel’s continued dominance in the U.S. sports betting market. 18% Revenue Rise in the U.S. The company reported $1.69 billion in U.S. revenue for Q1, marking an 18% jump compared to […]
Industry
May 7, 2025
UKGC: Operators Recorded Higher GGY in Q4 2024/25
The UK Gambling Commission (UKGC) has published operator data for Q4 (the three-month period ended March 31). According to the regulator, the total gross gambling yield has continued to increase and so has the total number of bets. The UKGC clarified that the data in its report was sourced from both online and land-based operators. […]
Business
May 7, 2025
Genius Sports Reports Strong Q1 as Revenue Grows, Losses Shrink
Genius Sports, a leading data, tech and broadcast partner at the intersection of sports, betting and media, has published its results for the first quarter of the year, announcing an increase in revenue and a drastic decline in net loss. Thanks to the favorable results, the company’s board approved a $100 million share buyback program. […]
Business
May 2, 2025
EveryMatrix Q1 Results Spark Hope for Outstanding 2025 Performance
EveryMatrix, a leading provider of gaming content, technology and services, has published its report for the first quarter of 2025, saying that it is “set for another powerhouse year.” EveryMatrixs Started 2025 on a Strong Note In its report, the tier-1 supplier outlined a Q1 net revenue of EUR 54 million ($61.3 million), marking an […]
Business
May 2, 2025
Rush Street Interactive Starts 2025 with Big Revenue Jump and Better Profits
Rush Street Interactive (RSI) has kicked off 2025 well, showing great financial results for the first quarter with big revenue increases, better profits, and more users getting involved in the main markets. Rush Street Interactive Surges in Q1 with 21% Revenue Growth and Return to Profitability The Chicago-based online gaming and sportsbook operator saw its […]
Industry
May 1, 2025
Macau: April GGR Exceeds Expectations But Remains Lower Than in March
Macau’s revenue for April has run ahead of expectations in the wake of a suboptimal start to the year. The results for the month followed suboptimal performance in March, which sparked certain concerns about the future of local gaming. The April Results Exceeded Expectations In April, Macau’s casinos generated total gross gaming revenue of […]
Business
May 1, 2025
Star Entertainment Announces Losses in Third Quarter
Earlier this week, the Star Entertainment Group explained it had swung to an operating loss in the third quarter, which ended on March 31. Star Entertainment Announces Concerning Trends The company posted a loss of A$21 million ($13.41 million) in earnings before interest, taxes, depreciation, and amortization (EBITDA), excluding significant items, compared to an EBITDA […]
