MGM Resorts posts $4.2B Q3 revenue as Las Vegas rates pressure earnings
MGM's results landed in line with expectations while softer Las Vegas pricing weighed on profitability, with management discussing the outlook on the earnings c
Gambling News · +4 outlets
Caesars reports $123M Q3 net loss as Las Vegas slides, regional markets rise
Caesars' Las Vegas segment declined again even as total revenue grew, reflecting continued divergence between the Strip and its regional portfolio.
Gaming America · +3 outlets
Rush Street Interactive beats Q3 profit forecasts on 39% revenue growth
The online casino and sportsbook operator's casino-first strategy drove strong top-line growth, though slower growth tested the forward outlook.
Gambling Insider · +9 outlets
Churchill Downs approves up to $750M buyback as Q3 profit rises
The operator's board authorized a large repurchase program alongside quarterly earnings growth.
Stock Titan · +2 outlets
Monarch Casino revenue hits record $146.3M in Q3 but misses estimates
The Reno and Black Hawk operator logged record quarterly revenue and $32M profit, yet the sales miss sent shares below their 200-day moving average.
Simply Wall St · +6 outlets
MGM China Q3 revenue hits record as market share climbs
MGM's Macau unit set a quarterly revenue record while expanding its share of the market.
Macau Business · +6 outlets
Gaming and Leisure Properties enters first joint venture beyond gaming real estate
GLPI is partnering with Prologis to develop the former Hollywood Casino Joliet site, its first move outside gaming property.
Yahoo Finance · +10 outlets
The Star returns to positive quarterly earnings but financial risks remain
The Australian casino operator swung back to a quarterly profit while continuing to face balance sheet concerns.
Casino.com · +14 outlets
UK gambling tax rise adds pressure after Farage Gibraltar talks
Rising UK gambling duties are feeding industry concern, with Gibraltar's status part of the political discussion.
Casino.com
VICI Properties draws focus on buybacks and post-earnings share weakness
The experiential REIT's strong earnings have not lifted the stock, while it also announced a buyback alongside Churchill Downs.
The Motley Fool · +3 outlets