BetMGM Q3 revenue rises 7%, adjusted EBITDA doubles to $86M; needs record Q4 to hit 2026 guidance
BetMGM's Q3 update showed profit doubling on revenue growth even as active players declined, with management now leaning on iGaming and a strong fourth quarter
Gambling Insider · +8 outlets
Nasdaq closes lower as chipmakers slide and major bank earnings roll in
Broad market weakness tied to AI spending concerns and bank results dragged US indexes down, a backdrop that also weighed on gambling-sector equities.
The Business Times · +14 outlets
Chip stocks slide after Broadcom CEO's 'casino' comment on AI spending
The remark from Broadcom's chief executive triggered a selloff in semiconductor shares and intensified investor debate over the sustainability of AI capital spe
24/7 Wall St. · +13 outlets
TSMC posts record Q3 revenue of NT$1.494tn on AI demand
The foundry's record quarter underscores continued demand for AI chips even as shares stayed caught in the broader semiconductor rout.
tech-insider.org · +3 outlets
New Zealand names 11 successful bidders in online casino auction
The auction results mark a key step in New Zealand's newly regulated online casino licensing regime and set the competitive field for the market.
Casino.com · +13 outlets
Macau holds 2026 gaming revenue forecast despite current slump
Authorities kept their full-year GGR projection unchanged, signaling confidence in the market's recovery trajectory despite recent soft monthly numbers.
Casino.com · +6 outlets
Rank Group says on track to meet profit expectations after strong start to financial year
The UK gaming operator reported a solid opening to its fiscal year, keeping it aligned with full-year profit guidance.
Proactive Investors · +6 outlets
Betano confirmed as Euro 2028 sponsor for UK and Ireland tournament
The sponsorship gives Betano, a Flutter-owned brand in several markets, major visibility across the UEFA European Championship hosted by the UK and Ireland.
Casino.com · +5 outlets
DraftKings shares hit new 12-month low
The stock's decline reflects mounting investor caution on the online sportsbook's growth outlook and profitability path.
MarketBeat · +10 outlets
Flutter Entertainment shares under pressure
The global gambling group's stock came under selling pressure amid broader sector and market volatility.
Kalkine Media · +14 outlets
Citi raises Evolution target price to SEK 820 ahead of results
The analyst target hike ahead of the live-casino supplier's earnings signals positive expectations for the quarter.
ad-hoc-news.de · +3 outlets
Boyd Gaming set to report quarterly earnings Thursday
The regional casino operator's upcoming results will be a read on consumer demand across its Las Vegas locals and Midwest properties.
MarketBeat · +14 outlets
Las Vegas Sands expected to post earnings Wednesday; heavy call option volume
Ahead of the Macau-focused operator's results, traders showed elevated bullish options activity in the stock.
MarketBeat · +3 outlets
Congressional analysts cut Churchill Downs price target
Citizens JMP lowered its target on the racing and gaming operator, while a separate filing showed Copeland Capital trimming a stake.
MarketBeat · +3 outlets
VICI Properties weighs debt management as balance sheet questions focus on growth
The casino REIT's leverage and capacity for further acquisitions are in focus for investors.
TradingView · +4 outlets
Gaming and Leisure Properties draws coverage on casino property update and stake purchase
Investors reviewed the casino REIT's latest property developments, while a fund disclosed acquiring 32,313 shares.
Kalkine Media · +1 outlets
Wall Street Zen downgrades Accel Entertainment to Hold
The downgrade on the slot-route operator reflects a changed analyst stance on the stock.
ad-hoc-news.de · +1 outlets
Rush Street Interactive shares climb 4.4%
The online casino and sportsbook operator's stock gained as investors weighed the move.
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