Finance
GNOG sees Q3 net loss widen despite revenue growth
Golden Nugget Online Gaming (GNOG) posted a net loss of $25.8m for the third quarter of its 2021 financial year, more than it lost in…
Jackpocket attracts celebrity investment in $120m Series D funding round
US-facing lottery app Jackpocket has raised $120m in Series D funding during a round that attracted investment from celebrities and sports stars. Led by growth…
Wynn revenue up 168.4% in Q3 as CEO Maddox steps down
Wynn Resorts CEO Matt Maddox will leave his position effective January 31 2022, a decision announced alongside the business reporting revenue of $994.6m in Q3…
Scientific Games returns to profit in Q3 as revenue climbs 24.8%
Scientific Games has revealed that a 24.8% year-in-year increase in revenue during the third quarter of its 2021 financial year helped it return to a…
US commercial gaming revenue reaches new heights again in Q3
The American Gaming Association (AGA) has reported that US commercial gaming revenue hit $13.89bn (£10.26bn/€11.99bn) in the third quarter of 2021, marking the second record-breaking…
IGT raises guidance after growth across all segments in Q3
International Game Technology (IGT) raised its full-year revenue guidance after experiencing growth across every business segment and product type in Q3, helping overall revenue grow…
Illinois betting revenue grows to $40.0m in September as NFL returns
Sports betting operators in Illinois took in revenue of $40.0m in September, up 484.6% year-on-year and 49.3% more than in August. This total came on…
Zynga remains in loss in Q3 despite record revenue and bookings
Social gaming giant Zynga announced a net loss of $41.7m for the third quarter of its 2021 financial, despite also reporting record revenue and bookings…
Full House sees net profit decline despite revenue growth in Q3
Full House Resorts reported a 12.6% year-on-year increase in revenue for the third quarter of its 2021 financial year, but the land-based casino operator also…
MGM Growth Properties’ profits decline ahead of acquisition by VICI
Real estate investment trust MGM Growth Properties’ (MGP) revenue remained exactly stable at $194.3m in Q3, while profits dipped, ahead of its $17.2bn sale to…
Century Casinos sees net profit more than treble to $11.2m in Q3
Century Casinos reported a 202.7% year-on-year jump in net profit during the third quarter of its 2021 financial year, while revenue reached a new record…
DraftKings revenue and losses both continue to grow in Q3
DraftKings’ revenue continued to grow year-on-year, prompting the business to raise its revenue guidance again, but losses also grew further thanks to mounting expenses and…
PlayAGS cuts net loss as revenue climbs 36.5% in Q3
Gaming machine provider PlayAGS reported a reduced net loss for the third quarter of its 2021 financial year after it experienced a 36.5% year-on-year increase…
State of the Union: MGM, Bally’s, Caesars and more
This week’s State of the Union, in partnership with Segev LLP, includes third-quarter earnings from almost all the major players in the land-based sector, as…