DraftKings Cuts Net Loss, Raises 2024 Guidance As Q1 Revenue Soars 53%
"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.
May 3, 2024
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Finance
PENN Entertainment Reports $115M Q1 Loss After Lower-Than-Expected ESPN Bet Numbers
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.
May 2, 2024
Macau Drives MGM Resorts Revenue Growth, Up 13% Year-Over-Year
MGM Resorts sees record quarterly revenue after China lifts COVID restrictions in Macau.
May 1, 2024
Harsh Winter Weather Contributes To ‘Challenging’ Q1 For Boyd Gaming
Weather and Las Vegas traffic cut into revenue and earnings following a "record year" for Boyd.
April 26, 2024
Live Studio Games Lift Evolution Revenues 7.2% Year-Over-Year, Q1 Earnings Reveal
"The online casino market grows at a high pace and we continue to see great commercial opportunities worldwide," Carlesund said.
April 24, 2024
Entain’s Q1 Offers Mixed Results, But Confidence Abounds With Net Revenue Up 6%
"As expected, it continues to remain a market in flux for Entain," said interim CEO Stella David in the company's earnings call Wednesday.
May 14, 2024