Are people now underestimating sweepstakes casinos?
James Bennett, Managing Editor SweepChecker.com, explains why sweepstakes are bigger than ever despite California's off-ramp.
James Bennett, Managing Editor SweepChecker.com, explains why sweepstakes are bigger than ever despite California's off-ramp.
Gaming and gambling are borrowing from each other's playbooks. It's time for ad campaigns to catch up, says Tim Smith, Founder of creative agency Fluoro.
With prying eyes awaiting a DraftKings slip up, the industry giant caused its biggest stir during Penn Entertainment's quarterly report, rather than its own.
The operator's revenue from Macau operations, including Wynn Palace and Wynn Macau, was $635.5m and $365.5m, respectively, equating to growth of 22.2% and 3.8%.
The supplier's consolidated AEBITDA throughout Q3 2025 was $375m, having increased 17.6% and primarily attributed to revenue growth from Light & Wonder's gaming and iGaming verticals.
The supplier has revealed a Q3 US revenues jump of 21% despite a sharp decrease in profits.
The operator managed to increase its net income from the $4.2m loss reported for the third quarter of 2024, while adjusted EBITDA grew 11.5% year-over-year to $51.2m for Q3 2025.
Google has officially amended its advertising policy, removing sweepstakes from its previous 'social casino games' classification.
The revenue generated for the third quarter of 2025 equates to a 26% increase year-over-year, while adjusted EBITDA grew by 65% for a total of $152.1m throughout the quarterly period.
The net loss generated for Q3 2025 represents an increase of 194.4%, as the operator projects FY2025 revenue and consolidated AEBITDA to fall below previously issued guidance ranges.