Churchill Downs earnings call recap
The top line Net revenue rose 16.3% to $337.8m and adj. EBITDA rose 28% $156.1m. Live racing and historical racing (HRM) was up 14.6% to $81.5m; TwinSpires was down 19.6%…
Betsson chafes at regulatory questions
Betsson Q3 The top line Revenue was up 3% to SEK1.73bn while EBITDA was flat at €418.5m. Casino decreased 2% to SEK1.28bn but sportsbook rose 24% to SEK435.7m helped by…
‘Thanks but no thanks’: DraftKings pulls the plug on Entain bid
The wonder, perhaps, with the news that DraftKings has pulled the plug on its bid for Entain is why it took so long. “After several discussions with Entain leadership, DraftKings…
iGamingNEXT review
The old bull and bush: The event in Malta kicked off with a panel looking at investment trends and in particular the great catalyst of the US. Tim Heath, general…
DraftKings M&A depends on crumbling share price
Ask yourself a question: would you buy shares in DraftKings right now? This is the question that is central to the company’s M&A efforts and the answer is far from…