The swimsuit issue
888 H1 The top line Revenue rose 39% to $528.4m while adjusted EBITDA was up 39% to $97.4m. B2C gaming was up 35% to $428.8m, B2C betting up 82% to $80.3m (B2C total up 41%) while B2B rose 8% to $19.3m. UK revenues up 57% to $222.6m, Italy up 82% to $67.9m, the rest of […]
Gambling.com Q2
The top line Revenue up 66% to $10.4m and adjusted EBITDA rose 46% to $5.5m. All growth was organic. New depositing customers were up 4% in Q2 to 26,000. H1 revenue of $21.9m up 111%, NDCs of 62,000 up 51%. FY21 revenue expected to be over 40% higher YoY. Cold storage: Having got its IPO […]
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 […]
Red Rock paints an even brighter picture
Red Rock Resorts Q2 The top line Revenues up 295% to $482.2m YoY but down 11% on Q219. Adjusted EBITDA rose to $227.4m from a negative $17.3m in Q220 and up 82% on Q219. Property level margins were at 52.2%, 450bps above Q219. Las Vegas operations up 322% to $426.4m but down 7% on Q219; […]
Pointing the way
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 […]