Loading...
Lottomatica Group, the Italian gambling company, reported strong revenue and earnings growth in Q3 following its IPO. International Game Technology (IGT) also saw a 0.9% YoY increase in revenue to $1.07bn in Q3, driven by growth in its Global Gaming business. Hong Kong's Q3 GDP grew 4.1% YoY, supported by inbound tourism and private consumption. Despite a decline in slots revenue, gambling revenue in Nevada increased 1.6% YoY to $1.27bn in September. Caesars Entertainment reported record adjusted EBITDA of $1.04bn in Q3 and further success in its digital division. Macau's casino revenue jumped in October due to China's Golden Week boom. Gambling giant Entain reported a 7% increase in net gaming revenue for Q3, with growth across all business segments. Rush Street Interactive reduced its net loss in Q3 and remains hopeful of posting positive EBITDA for the full year.
Gambling revenue in Macau totalled MOP19.50bn (£1.99bn/€2.29bn/$2.42bn) in October, the highest monthly amount since before the pandemic https://t.co/0zSxNSMz6t https://t.co/eiTyTQPvDc
Rush Street Interactive was able to reduce net loss during Q3 following a 14.9% rise in revenue, while the business says it remains hopeful of posting positive EBITDA for the full year https://t.co/unbzW9PvmZ https://t.co/59TiCOrmTY
Gambling giant Entain has reported a 7% increase in net gaming revenue for Q3, with year-on-year growth across all business segments https://t.co/9lof5oyvCW https://t.co/aTyJprHFo2
Macao’s economy is bouncing back with casino revenues rocketing by 400% in October from a year ago after the reopening of borders with the mainland and Hong Kong earlier this year https://t.co/pZjd8K8mjF
Field Note: October was the Macau casino market’s largest gaming revenue month in more than three years, topping $2.42 billion. https://t.co/4NaWQNGCkl @TheNVIndy https://t.co/OQViYwewr1
Nevada Casino Win Reaches $1.3 Billion For September: https://t.co/VQaOeajD1j https://t.co/LTiKOwkmcG
Nevada Sports Betting Back On Track In Strong September @Eric_Ramsey https://t.co/8pcKxpyUBD
$CZR (+5.3% pre) Compared to Estimates, Caesars Entertainment (CZR) Q3 Earnings: A Look at Key Metrics https://t.co/LzsSejW3Gt
Gambling revenue in Nevada edged up 1.6% year-on-year to $1.27bn in September, despite a decline in slots revenue https://t.co/3GXxCtMjrG https://t.co/yyadDmbeQS
Caesars Entertainment has reported year-on-year growth for Q3, posting record adjusted EBITDA of $1.04bn (£857.9m/€986.9m) and revealing further success within its digital division https://t.co/SvIZdaKpop https://t.co/1YX8Fvenau
Macau Casino Revenue Jumps in October on China Golden Week Boom https://t.co/6X6ZE1zYaU
CAESARS ENTERTAINMENT, INC. REPORTS THIRD QUARTER 2023 RESULTS https://t.co/2WhJigw9HG https://t.co/yLK8ZcZNdo
Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos https://t.co/JOhHD4Uldu https://t.co/RoN8Bg40Ml
Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos https://t.co/y4b79k6GZP https://t.co/7IUJdszdvE
$CZR | Caesars Entertainment Q3 Eanings: - EPS $0.34 (Est. $0.29) - Revenue $2.994B (Est. $2.932B)
Nevada casinos' net win in September: Blackjack $97.7 million Craps $36.5 million Roulette $36.9 million Baccarat $148.8 million Sports $62.3 million Penny slots $249.0 million [Source: Nevada Gaming Control]
Nevada sportsbooks won a net $62.3 million in September. The state's books won $38.7 million on football bets during the month, a 25% decrease from Sept 2022. [Source: Nevada Gaming Control]
Despite market declines, NV gaming revenue kept afloat by high baccarat hold in September Nevada sees its 31st straight billion-dollar revenue month despite declines in nearly all major gaming markets. https://t.co/PgQOqkAeJH @TheNVIndy
Over the last 12 months, the state of Nevada has won $10.2 billion on slot machines, which represents 67% of the total money won on gaming. The star? 1 cent slot machines, which alone generated $3.3 billion!
Other than the Las Vegas Strip and Laughlin, September wasn't a great gaming month for Nevada. The $1.27B produced in the month was a 1.7% increase but fueled by the Strip, up almost 7% to $741.2M, and Laughlin, up 6.4% to $41.6M. Reno was down 7% via @NevadaGCB @TheNVIndy https://t.co/Qk7resmfFF
Hong Kong Q3 GDP up 4.1% on year as inbound tourism and private consumption supported a revival, but lower than forecast https://t.co/3mzkhszZZX
International Game Technology (IGT) has reported a 0.9% year-on-year increase in revenue to $1.07bn (£874.9m/€1.00bn) in Q3, driven by growth within its Global Gaming business https://t.co/LiAWUdaEk2 https://t.co/LrbiXDljUK
Lottomatica Group said online gambling performance was key to strong revenue and earnings growth in the first full quarter following its IPO https://t.co/GcXZizERJz https://t.co/Fj2VDrsd2z