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 c.25% up on expectations. This was an all-time record for quarterly adjusted EBITDA and adjusted EBITDA margin. In Las Vegas, Caesars recorded same-store revenues of […]
Evolution gives it 100%
Evolution Q2 The top line Revenue rose 100% YoY to €256.7m while EBITDA was up 115% to €174.7m corresponding to margins of 68% (up from 63.2% Q220). H121 revenues up 102% to €492.5m. Cashflow from operating activities amounted to €125.3 in Q2, €227.21m in H1. Live casino organic growth up 59% to €203.7m, up 10.9% […]
BAH looks to German upside
Bet-at-home Q1 The top line GGR was down 5.5% to €30.5m with NGR down 7.4% to €23.6m. EBITDA fell by 23.1% to €6.9m. Consolidated profit was down 24.7% to $4.4m. Guidance for the rest of the year is for GGR of between €106-118m and EBITDA of between €18-22m. Looking to the future in Germany: In […]