Tag: Earnings

BetMGM raises revenue and cash flow projections

14 October 2025 at 1:06pm UTC-4
Ahead of its third-quarter-earnings call, BetMGM elevated its projections for all of 2025. The company, jointly owned by Entain and MGM Resorts International, now looks for full ...

BetMGM swears off prediction markets in earnings call

14 October 2025 at 1:00pm UTC-4
BetMGM “sits on significant excess cash,” Chief Executive Adam Greenblatt said at the outset of an October 14 third-quarter-earnings call with Wall Street analysts. To that ...

Bally’s North America interactive revenue up 21.5% YoY to US$56.5 million in Q2

12 August 2025 at 7:29am UTC-4
Bally’s has reported its second-quarter results, with North American igaming revenue totaling US$56.5 million, up 21.5% year-on-year from US$45.5 million. The group’s North ...

Penn Entertainment’s igaming segment reports 35.9% year-over-year increase in second-quarter earnings

8 August 2025 at 7:36am UTC-4
Penn Entertainment has reported its second-quarter results, with its igaming segment, Interactive, recording revenue of US$316.1 million, up 35.9% year over year compared to last ...

Flutter leadership celebrates second-quarter results

7 August 2025 at 8:47pm UTC-4
“I’m delighted to report a strong set of results for the quarter,” began Flutter Entertainment CEO Peter Jackson, kicking off Thursday's earnings call. “Our performance in ...

FanDuel parent Flutter posts more revenue, much less profit in second quarter

7 August 2025 at 8:35pm UTC-4
Boosted by nearly 16 million average monthly players (an 11% increase), FanDuel parent company Flutter Entertainment increased second-quarter revenue by 16% year-over-year, taking ...

As second quarter yields record revenue, DraftKings Chief Executive Jason Robins pledges to monitor prediction markets

7 August 2025 at 12:11pm UTC-4
DraftKings Chief Executive Jason Robins is not ruling out getting into prediction markets. During Thursday’s investors call, Robins said the company will take a wait-and-see ...

DraftKings sets Q2 record with revenue up 37% to US$1.51 billion

7 August 2025 at 7:30am UTC-4
DraftKings posted revenue of US$1.51 billion for the second quarter of 2025, an increase of US$408 million, or 37%, compared to US$1.10 billion during the same period in 2024 ...

Light & Wonder sees igaming revenue rise 9% to US$81 million in Q2

7 August 2025 at 7:25am UTC-4
Supplier Light & Wonder has reported that its igaming division saw revenue climb 9% in the second quarter, from US$74 million to US$81 million. The department also saw ...

Robinhood’s second quarter beats Wall Street expectations

1 August 2025 at 7:11am UTC-4
Prediction platform Robinhood reported US$989 million in second-quarter revenue, a 45% year-over-year increase, beating Wall Street’s estimate of US$908 million. Net interest ...