Steven Melendez

flutter nyse earnings

Flutter Q1 Revenue Up 16% YoY, as FanDuel Continues Driving Growth

Steven Melendez

In iGaming, the company added exclusive access to World of Wonka online slots, a popular brand in land-based slot play that quickly became FanDuel's leading iGaming title.

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AGS To Sell To Brightstar Capital Partners For $1.1 Billion

Steven Melendez

The AGS board unanimously approved the deal, which would give shareholders $12.50 per share in cash — pending shareholder approval.

Light & Wonder Sees Q1 Revenue Up 13%, Powered By SciPlay

Steven Melendez

Gaming, iGaming, and social gaming all saw double-digit revenue growth year over year.

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DraftKings Cuts Net Loss, Raises 2024 Guidance As Q1 Revenue Soars 53%

Steven Melendez

"DraftKings is off to an outstanding start in 2024 and we're excited to be raising our outlook for the year," said CEO Jason Robins on Friday.

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PENN Entertainment Reports $115M Q1 Loss After Lower-Than-Expected ESPN Bet Numbers

Steven Melendez

The company did see Y-o-Y growth in online gambling monthly active users, but so far, ESPN Bet spend per user has been less than expected.

Macau Drives MGM Resorts Revenue Growth, Up 13% Year-Over-Year

Steven Melendez

MGM Resorts sees record quarterly revenue after China lifts COVID restrictions in Macau.

Harsh Winter Weather Contributes To ‘Challenging’ Q1 For Boyd Gaming

Steven Melendez

Weather and Las Vegas traffic cut into revenue and earnings following a "record year" for Boyd.

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Live Studio Games Lift Evolution Revenues 7.2% Year-Over-Year, Q1 Earnings Reveal

Steven Melendez

"The online casino market grows at a high pace and we continue to see great commercial opportunities worldwide," Carlesund said.

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Entain’s Q1 Offers Mixed Results, But Confidence Abounds With Net Revenue Up 6%

Steven Melendez

"As expected, it continues to remain a market in flux for Entain," said interim CEO Stella David in the company's earnings call Wednesday.

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Flutter Surges On FanDuel-Led US Growth, Despite $1.21 Billion Net Loss Overall 

Steven Melendez

FanDuel also remains the leading U.S. sportsbook with a 53.4% share of net gaming revenue and saw its first EBITDA-positive full year.