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Month: March 2023

48 Results / Page 5 of 6


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  • 84

March Madness and Legalized Betting

March 6, 2023

The upcoming March Madness basketball tournament will see over $6bn wagered, but half of the venues hosting games are in states that do not allow sports betting. The Final Four and championship will be held in Texas, where sports betting is illegal. However, several states hosting March Madness games are […]

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  • 20

Top 10 greatest NCAA Tournament Performances from a Player

March 3, 2023

March Madness or the National Collegiate Athletic Association (NCAA) Men’s Basketball Tournament is almost here. The tournament has a rich history dating back to 1939 and is known for its upsets, buzzer-beaters, and high drama, which has captivated fans and viewers alike for generations. March Madness has become a cultural […]

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  • 80

Wynn Macau

March 3, 2023

Wynn’s Macau subsidiary has reported a significant rebound in adj. EBITDA in the first two months of 2023, according to pre-announced Q1 earnings. The company noted particular strength in visitor numbers over the Chinese New Year, and trading post-holiday season has continued to be robust. The company’s Q1 revenues and […]

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More on Flutter

March 3, 2023

Flutter, the parent company of FanDuel, is strongly considering a US listing. The company’s focus on North America and its profitable operations in the region make a US listing a logical next step. This move could potentially attract new investors. Additionally, analysts noted that FanDuel’s profitability is proving its time […]

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  • 14

Flutter Earnings

March 2, 2023

Flutter reported impressive results with a 27% increase in revenues for the year to £7.69bn, supported by strong US revenues. The company’s CEO, Peter Jackson, stated that he was not solely focused on profitability for FanDuel, but rather on achieving sizable profit gains in 2024 and 2025. FanDuel is the […]

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  • 2

Light & Wonder Earnings

March 2, 2023

Light & Wonder experienced double-digit revenue and profit growth in the latest reporting period. New CEO Matt Wilson described the past year as “pivotal” for the company, which offloaded its lottery and sports-betting businesses and changed its name. Despite this major restructuring, the company saw revenues rise 17.5% to €682m, […]

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  • 6

Melco Resorts Earnings

March 2, 2023

Melco Resorts operates integrated resorts and casinos in Asia. The company’s CEO, Lawrence Ho, said that they are “encouraged” by the situation in Macau, despite the fact that the colony reported a 30% year-over-year decline in Q4 revenue to $337m. This decline was caused by travel restrictions that were in […]

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