Archive snapshot · Biz
Sat, Oct 31, 5:46 PM ET
MGM Resorts Q3 loss narrows; analysts point to Macau gains and Osaka growth outlook
MGM's quarterly results and analyst commentary center on Las Vegas softness offset by Macau market share gains and the Osaka development pipeline.
GGRAsia · +2 outlets
GLPI raises AFFO forecast floor after record $435.4 million Q3 revenue
The gaming REIT beat EPS estimates and lifted its AFFO guidance floor, though shares slipped on flagged tenant risk.
iGaming.org · +5 outlets
Coinbase prediction markets top $200M annualized revenue as Q3 net revenue falls 34%
Prediction markets emerged as one of Coinbase's fastest-growing segments even as overall quarterly revenue declined and the stock posted its worst drop since 20
Yogonet · +14 outlets
Rush Street Interactive reports 39% Q3 revenue growth despite slowing online casino market
RSI's growth outpaced the broader online casino segment, drawing a mixed reaction from sell-side analysts on margins and valuation.
Deadspin · +4 outlets
MGM China posts record quarterly revenue with Macau market share at 17.1%
MGM China's Macau share gain is the clearest read yet on the pace of recovery in the world's largest gaming hub.
iGamingToday.com · +12 outlets
MGM Resorts plans about US$1 billion annual Osaka investment in 2027 and 2028
The planned Osaka spend marks one of MGM's largest capital commitments as Japan's first integrated resort moves toward opening.
iGamingToday.com
Churchill Downs revenue reaches $696 million as company plans 150-machine Virginia venue
The Kentucky racing and gaming operator reported higher revenue and outlined a new Virginia gaming facility as analysts updated targets.
iGaming.org · +7 outlets
VICI Properties Q3 earnings call highlights growth amid market strain
VICI's quarter and call commentary focus on rent coverage and growth capacity as REIT valuations face pressure.
TipRanks · +2 outlets
Nevada gaming revenue was flat year over year in September
Flat statewide win underscores a soft Las Vegas Strip environment heading into the fourth quarter.
Gambling News · +14 outlets
Konami profit grows 154% over past six months
The Japanese gaming and amusement equipment maker reported sharply higher half-year profit.
CDC Gaming · +3 outlets
Analysts cut RSI price targets at JPMorgan and Barclays after Q3 results
Two banks trimmed targets on the online casino operator, while Wall Street Zen upgraded the shares to Buy.
MarketBeat · +5 outlets
Belle Corp profit rises 31.5% despite lower City of Dreams Manila gaming revenue share
The Philippine-listed developer's profit gain came even as its share of gaming revenue from the Manila integrated resort fell.
iGamingToday.com
Betty Canada hits record CA$111 million revenue in third quarter
The online casino brand posted record quarterly revenue in the Canadian market.
Gaming Intelligence · +2 outlets
Roblox Q3 earnings beat forecasts as bookings fall 12% to $1.7 billion
The platform beat on earnings despite a bookings decline, a signal on consumer gaming spend.
WN Hub · +5 outlets
Dataworks lifts revenue as gambling harm platform deployments scale
The gambling-harm monitoring and responsible-gaming software provider reported revenue growth and a stronger balance sheet.
TipRanks
Wall Street Zen upgrades Rush Street Interactive to Buy amid heavy trading volume
The upgrade and elevated volume followed RSI's Q3 revenue beat and analyst target revisions.
MarketBeat
MGM ends People Inc talks and updates voting agreement
The corporate governance change follows the collapse of discussions with the media company.
World Casino News
Google headcount grows by 10,000 amid tech industry layoffs
The hiring increase runs counter to broad technology-sector workforce reductions.
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