Money burns a hole in MGM’s pocket
MGM Resorts International Q2 The top line The rise in net revenue to $2.27bn represented a near 700% bounceback on Q220. Consolidated Adjusted EBITDAR hit $617m, a record helped by…
Caesars’ $1bn battle plan
Caesars Entertainment The top line Net revenues up to $2.5bn vs. $127m in 2020, net income of $71m compared to -$100m, adjusted EBITDA of $1bn vs. $131m loss YoY and…
Red Rock paints an even brighter picture
Red Rock Resorts Q2 The top line Revenues up 295% to $482.2m YoY but down 11% on Q219. Adjusted EBITDA rose to $227.4m from a negative $17.3m in Q220 and…
Boyd buoyed by high margin new normal
Boyd Gaming Q2 The top line Revenue more than quadrupled YoY to $893.6m (up 18.6% sequentially and a 5.6% increase on Q219) with net income coming in at $113.7m compared…
LVS hopes for $6bn-plus Asian rebound
Las Vegas Sands The top line Net revenue came in at $1.17bn compared to $62m in the Covid-hit prior-year period. Operating losses were trimmed to $139m vs. $757m in Q220.…