Wynn beats online retreat
Wynn Resorts Q3 The top line Revenues nearly tripled to $994.6m while adj, property EBITDA was back in positive territory at $154.6m from a loss last year of $65.9m. Las…
NY nine get to make it there
The New York nine Winners: DraftKings, FanDuel, BetMGM, Bally Bet, Caesars, Rush Street Interactive, WynnBet, PointsBet, Resorts World Losers: Penn National Gaming/Barstool, Fox Bet, Fanatics Just a New York conversation:…
Penn National Gaming analyst reaction
Portnoy complaint: Initial reaction to Penn National Gaming's missed Q3 forecasts yesterday afternoon was quickly overtaken by a Business Insider article about Barstool Sports founder Dave Portnoy’s alleged treatment of…
DraftKings hit by NFL results
DraftKings Q3s The top line Revenue of $213m, up 60% YoY but net losses climbed 37.7% to minus $545m while adj. EBITDA losses rose 59% to $313.6m. Net losses for…
Penn and Bally rely on more than just one bite
Penn National Gaming Q3s The top line Revenues of $1.5bn, up $382.1m YoY, net income of $86.1m vs. $141.2m, net income margin 5.7% vs. 12.5% YoY Adj. EBITDA up $20.7m…