Finance Archives - GamingToday

Despite losses, BetMGM's parent views the sports betting operator as "one of the most attractive growth opportunities" for the company.

Posted on: February 9, 2022 | | Stephanie Wood

DraftKings plans for profitability as soon as 2022, if no new states launch. At maturity, the company hopes for $9.5 billion in revenue.

Posted on: March 3, 2022 | | Stephanie Wood

DraftKings guidance improved after Q2 results showed the company outperforming on revenue and cutting EBITDA losses.

Posted on: August 5, 2022 | | Stephanie Wood

Caesars Entertainment showed muted 2022 Q2 results, but there's growth at its Las Vegas properties and digital.

Posted on: August 3, 2022 | | Stephanie Wood

Penn National Q4 revenue exceeded prior years, but the earnings per share failed to deliver. The company plans for more growth in 2022.

Posted on: February 3, 2022 | | Stephanie Wood

Major sportsbook operators reported their Q3 2022 results in the past week. This is a summary of their results and plans.

Posted on: November 10, 2022 | | Stephanie Wood

FanDuel has won the race to profitability, becoming the first US sportsbook operator to post a positive quarter.

Posted on: August 12, 2022 | | Stephanie Wood

Penn Entertainment, formerly Penn National Gaming, announces a name change along with 2022 Q2 results, as it eyes new markets for Barstool.

Posted on: August 5, 2022 | | Stephanie Wood

MGM Resorts' Q2 results show $71 million in losses in the sports betting segment, but the rest of the business is solid for 2022.

Posted on: August 4, 2022 | | Stephanie Wood

Churchill Downs, parent company of TwinSpires, had a strong financial quarter, breaking previous revenue records thanks to the Kentucky Derby.

Posted on: July 28, 2022 | | Stephanie Wood

Finance