Tag: Earnings
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 ...
Codere Online blames Mexican peso for problems
31 July 2025 at 2:35pm UTC-4
Pointing to a 19% devaluation in the Mexican peso, executives of Codere Online repeatedly cited it during their 31 July investor call as the reason the company's second-quarter ...
Codere Online narrows loss, improves cash flow in second quarter
31 July 2025 at 2:30pm UTC-4
Codere Online, a purveyor of igaming and sports betting to Spanish-speaking nations, reduced its second-quarter loss from €3.7 million to €2.4 million year over year. It also ...
Rush Street leaders take victory lap in earnings call
31 July 2025 at 2:22pm UTC-4
Richard Schwartz, CEO of Rush Street Interactive, began the second-quarter earnings call by noting new company highs for revenue, profitability and margins. These, he said, were ...
Rush Street revenues and profits skyrocket
31 July 2025 at 2:14pm UTC-4
Profits for Rush Street Interactive were US$28.8 million in the second quarter, reversing a US$300,000 loss posted a year earlier.
The igaming provider also posted revenue of ...
Caesars Digital delivers Q2 revenue growth of 24.3% in 2025
30 July 2025 at 6:55am UTC-4
Caesars Entertainment has reported 24.3% revenue growth from its online gambling division, Caesars Digital, in the second quarter of 2025, with net revenue rising from US$276 ...
BetMGM revenue, cash flow surge
29 July 2025 at 12:36pm UTC-4
Second-quarter net revenue for BetMGM shot up 36% and cash flow leapt from US$8 million to US$86 million. The company released those numbers in the predawn hours of 29 July ...
BetMGM looks toward premium customers for growth
29 July 2025 at 12:33pm UTC-4
“Our business has truly inflected,” BetMGM CEO Adam Greenblatt said of his company’s second-quarter earnings during a 29 July investor call.
BetMGM reported US$692 ...
