Asian gaming shock
Xi who must be obeyed: This week’s Chinese government proposals for tighter regulations in Macau knocked a record $18.4bn in combined share price value off Macau’s gaming operators. The new…
Penn National acquires Score Media & Gaming
Penn-Score acquisition + Q2 The top line Penn National is buying Toronto-listed Score Media & Gaming for $2bn in cash and shares. The deal will complete in Q122. Penn said…
888 signals ‘return to normality’
888 trading statement The top line B2C revenues up 11% YoY to $247m, B2B down 13% to $10m, total revenue up 10% to $257m. Regulated markets now represent 74% of…
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…
Penn’s Snowden: Bring the chaos
Penn National Gaming The top line Revenue down 6% compared with Q119 at $1.27bn, adjusted EBITDAR up 7% on Q119 at $447m. Adjusted EBITDAR margins up by 434bps. Northeast segment…