Hard lines for Hard Rock
Florida sports-betting nixed by courts Ain’t no sunshine: Late yesterday a judge in the US District of Columbia nullified the compact between the Seminole and the state of Florida and…
RSI builds on Q3 momentum
Rush Street Interactive Q3s Revenue up 57% YoY to $123m, net loss $18.9m vs. $26.5m, AEBITDA loss $12.2m vs. $1m. Advertising and marketing costs rose to $45.4m (37% of revenue)…
Caesars readies for full digital assault
Caesars Entertainment Q3 The top line Net revenues of $2.7bn vs. $1.4bn Q321, net loss of $233m vs. -$926m YoY. Caesars Digital net revenues of $96m ($221m YTD), EBITDA loss…
SciGames sets up sportsbook sale or IPO
Scientific Games strategic review Open questions: The company has decided to divest its lottery and sports-betting businesses in order to rapidly shrink its long-term debt and zero in on a…
Penn National Q2 pre-announcement
The top line Revenues for the three months to June will range between $1.45bn-$1.55bn while adjusted EBITDAR will be between $540m-$580m. At the midpoint for each they represent growth of…