Month: November 2022

The gambling product and service company, Light & Wonder, have just revealed their Q3 report showing positive growth of 20% from 2021. The company reported revenue of $648 million for Q3 with the help of SciPlay which hit a new quarterly record. ABITDA also grew 16% from 2021 to $235 […]

Wynn Resorts just unveiled their Q3 report showing $899.7 million in revenue. This is an 11% decline from 2021 but it should be noted that Macau’s closure has hurt all operators over the past two years due to Covid but as they begin opening, Macau casinos have seen good traffic. […]

Ahead of the launch of their sports-gambling division in January 2023, Fanatics has announced that they’ve brought on Andrea Ellis to be the chief financial officer over their sports betting and gaming sectors. Ellis will bring her expertise in technology and operations to Fanatics and plans to provide strategic and […]

In a recent announcement today, Kindred Group has become the first French gaming operator to give its bettors access to Gamban on their UniBet platform. Gamban is a feature for self-exclusion that allows bettors to opt themselves out of using the platform as a way to prevent harmful gambling. The […]

Amidst the storm of Q3 reports from other casino operators, MGM Resorts has just released their report, and with it has broke its own Las Vegas Strip resorts revenue record. MGM Resorts reported that consolidated revenue is up 26% at $3.4 billion when compared to last years Q3 reports and […]

Rush Street Interactive (RSI) has officially released their Q3 revenue report and the numbers show big growth for the company. The numbers in the report show that RSI had revenue of $148 million in Q3, a 20% increase on their previous years Q3 numbers of $122.9 million. A quote from […]

DraftKings has just unveiled their Q3 numbers which show that revenue is way up while the company continues lower its losses. The numbers for Q3 dwarf the previous years $213 million with $502 million in revenue growth. DraftKings did reports net losses of $450 million for Q3 but that is […]

Penn Entertainment has just unveiled their Q3 report and the numbers are way up, showing an annual net income increase of 43% to $123.2 million from the prior year of $86.1 million. The company reported $1.6 billion in revenue up 7.5%. Penn is crediting its increase in revenue to adjusted […]

The Virginia Lottery has just revealed the sports betting handle for September and the numbers are up. The handle saw a 30% jump at $411.2 million when compared to August with $284.7 million. The win rate stayed firm as well with a 35% month-on-month increase in revenue with a gross […]