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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 […]

The Hollywood Gaming casino at the Dayton Raceway has just announced future plans to launch a sports betting location with Barstool Sportsbook. The casino will begin offering betting solutions on January 1, 2023 when sports betting officially becomes legal in Ohio and will include a wagering counter, ticket stations, and […]

The Houston mogul Tilman Fertitta, has just become the second largest shareholder of Wynn Resorts (WYNN) according to SEC filings which show he has built a 6.1% stake, totaling around 6.9 million shares in the company. Hospitality Headquarters Inc. and Fertitta Entertainment were two names listed in the share purchase […]

As Macau begins to ease tourist visa restrictions for mainland visitors, shares of casino operators are on the rise. Shares of Sands China Ltd. were up 4.4% today to HK$13.70, Wynn Macau Ltd. went up 4.9% to HK$3.29, and Galaxy Entertainment Group Ltd. rose 3.0% to HK$36.25. This sudden increase […]

Ohio is getting closer and closer to their January 1, 2023 launch for online sports betting and operators are getting prepared. Caesars is leading the charge with the recent launch of their Caesars Sportsbook app allowing future bettors to pre-register and deposit their funds into accounts to be ready for […]

Nine months into 2022 and casinos in Nevada are already way ahead of lasts years revenue numbers. Analysts have stated that Nevada’s gaming industry is on track to not only beat, but shatter 2021’s $13.4 billion in revenue. The Las Vegas Strip is responsible for more than 55% of the […]