Bally Archives

Penn National Gaming analyst reaction

By Jake Pollard November 5, 2021Analyst Notes, News

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…

Penn and Bally rely on more than just one bite

By Jake Pollard November 4, 2021News

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…

Entain silent on DraftKings bid

By Jake Pollard October 12, 2021Analyst Notes, News

The top line NGR up 4% (+6% constant currency), with online up 10% (18% ex-Germany) and retail up 1%. Online driven by strong sports-betting margins of 12.8%. BetMGM delivered 26%…

Bettson boardroom rupture

By Jake Pollard September 24, 2021Analyst Notes, News

Blood on the carpet: A week after Betsson was announced that CEO Pontus Lindwall had “completed his assignment” and that the company had embarked on a search for his replacement,…

Flutter keeps its eyes on the prize

By Jake Pollard August 10, 2021Analyst Notes, News

Flutter H1 The top line Revenue up 99% to £3.05bn ($4.22bn), pro forma up 30% while adjusted group EBITDA was up 75% to £597m. Excluding US losses that figure would…