Red Rock Resorts, despite a decline in revenue, adjusted EBITDA, and net profit in Q3, anticipates a record performance in 2023. Playtika expects to meet adjusted EBITDA guidance despite reducing its revenue outlook after Q3 declines. PlayAGS posted a net loss of $1.5m in Q3, with higher expenses offsetting a 14.2% rise in revenue. MGM Resorts International reported record revenue of $3.97bn in Q3 despite a major cyberattack upheaval. Full House Resorts returned to net profit in Q3 with revenue increasing 72.7% to $71.5m, driven by improving results at its new land-based casino in Illinois. Century Casinos posted record net operating revenue of $161.2m in Q3 but slipped to a net loss following acquisitions. Wynn Resorts posted better-than-expected Q3 profit on Macau business recovery, while Macau casino stocks sank to the lowest in nearly a year, led by a slump in Wynn Macau as disappointing earnings cast doubts over the pace of recovery in the world's largest gambling hub.
Macau casino stocks sink to the lowest in nearly a year, led by slump in Wynn Macau as disappointing earnings casts doubts over the pace of recovery in the world’s largest gambling hub https://t.co/R65ctGDjef
Wynn Resorts posts better-than-expected Q3 profit on Macau business recovery https://t.co/GGJGibKr07 https://t.co/ydLWgy5zEB
Century Casinos posted record net operating revenue of $161.2m (£131.1m/€150.6m) in Q3, but this was not enough to stop the operator slipping to a net loss following a number of acquisitions https://t.co/o5hqV5Izqk https://t.co/8Wg9JN9i3u
Full House Resorts said improving results at its new land-based casino in Illinois helped it return to net profit in Q3, while revenue also increased 72.7% to $71.5m (£58.2m/€66.9m) https://t.co/EIqcsCu4RG https://t.co/lnfWmQugMp
MGM Resorts International reported record revenue of $3.97bn (£3.23bn/€3.71bn) in Q3 in spite of the upheaval called by the major cyberattack https://t.co/MFObVPkF06 https://t.co/6wQlOS9Ot8
Casino operator MGM beats third-quarter estimates as China travel rebounds https://t.co/AWeoudVoVH https://t.co/LyOiA4tGSw
Casino operator MGM beats third-quarter estimates as China travel rebounds https://t.co/rLgiYm2idG https://t.co/JunyjSYq4z
Electronic gaming products supplier PlayAGS posted a net loss of $1.5m (£1.2m/€1.4m) in Q3, with higher expenses offsetting a 14.2% rise in revenue https://t.co/f9vPiFk02m https://t.co/xI9T1XK40a
Social gaming developer Playtika expects to perform in line with adjusted EBITDA guidance despite reducing its revenue outlook following declines in Q3 https://t.co/PyyL6FheGK https://t.co/GyR4O5jpvu
Land-based casino operator Red Rock Resorts says it is on course for a record performance in 2023 despite reporting a decline in revenue, adjusted EBITDA and net profit in Q3 https://t.co/oaSKnZXJYK https://t.co/ULlA0baLks