Author: Jake Pollard

Jake Pollard writes news and features for Wagers.com and has covered the online betting and gaming industry for many years. He also produces the Wagers.com Earnings +More newsletter with Wagers.com's Scott Longley. Based in the UK, Jake often daydreams about cycling the Alps and Pyrénées.

Penn’s Snowden: Bring the chaos

By Jake Pollard  |  May 7, 2021

Penn National Gaming The top line Revenue down 6% compared with Q119 at $1.27bn, adjusted EBITDAR up 7% on Q119 at $447m. Adjusted EBITDAR margins up by 434bps. Northeast segment up 3.7% on Q119 to $570.9m, south segment was up 1.3% on Q119 to $295.9m, west segment was down 39% to $96.6m, midwest was $234.7m, […]

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Caesars preps a sports reload

By Jake Pollard  |  May 5, 2021

Caesars Entertainment The top line Net revenues at $1.7bn, 256% up YoY, 16% on same-store basis but net losses widened to $423m from $176m. Same-store adjusted EBITDA at $548m up 33.7%. Las Vegas same-store revenues were down 39.5% to $497m; regional gaming was flat on a same-store basis at $1.1bn. Managed, international and interactive was […]

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Pointing the way

By Jake Pollard  |  April 30, 2021

PointsBet Q321 The top line Gross win rose nearly fourfold to A$100.5m (US$78.2m) while net win rose in lockstep to A$64.9m. Net win margin rose by 20bps to 7.2%. Active clients across the business rose from 106k to 286k. US expansion led the way with gross win rising from A$5.6m to A$45.8m. Australia gross win […]

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Beats by Boyd

By Jake Pollard  |  April 28, 2021

Boyd Gaming Q121 The top line The Las Vegas to regional casino operator boasted of all-time record results as the company looks to exit the extraordinary Covid period firing on all cylinders. Q1 revenue rose 10.7% to $753.3m, adjusted EBITDAR rose 91.5% to $311.2m. Revenues were down 8.9% on 2019 but EBITDAR was up on […]

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