The new Cordish Companies site generated $4.7m of casino revenue in its opening month, while Caesars Virginia produced the most revenue of any property after rising 6.8% to $30.5m.
The DraftKings CEO and CFO address investors in the wake of the operator’s latest financial results and subsequent share price plummet.
The operator stated it is currently assessing a ‘range of potential alternatives,’ such as asset-level transactions, corporate transactions and restructuring initiatives.
Japanese gaming and entertainment group cuts profit outlook after impairment charges and softer content performance despite modest revenue growth.
Police in São Paulo state say a public servant diverted around 10% of a small city’s annual revenue, with part of the money allegedly used on digital gambling platforms.
Technology, accounting and finance functions to move to Asia while union dispute escalates in Melbourne.
Lotte Tour returned to profit in 2025 as Jeju Dream Tower fueled strong revenue and operating growth.
The operator’s net revenue for the fourth quarter of 2025 equates to 43% growth year-over-year, while net revenue during FY2025 increased 27% for a total of nearly $6.1bn.
The operator managed to increase net revenue for Q4 2025 by 1.5% to $1.9bn, despite net income and adjusted property EBITDAR both witnessing decreases year-over-year.
The operator reported its financial results for Q1 fiscal year 2026 on February 12, witnessing a 0.2% decrease in net revenue to $434.5m, as well as a 3.4% fall in adjusted EBITDA to $86.4m.