Melco’s Q3 Report Signals 46% Drop in Revenue

In Summary: Melco Resorts & Entertainment has released its unaudited Q3 results The company has reported a 46% drop in its total operating revenue Melco has also announced a negative adjusted property EBITDA of $34.9 million Image Source: Toward the end of October, Melco Resorts & Entertainment announced itContinue Reading

SJM Reports Drop in Net Gaming Revenue for Q3

Owner, operator, and developer of integrated entertainment reports and casinos in Macau SJM Holdings Ltd has published the financial results for the third quarter of 2022 along with a series of selected unaudited key performance indicators for the nine months that ended 30 September. The parent company of concession holderContinue Reading

Borgata hits all-time record monthly performance for an Atlantic City casino in July despite in-person win drop

According to figures released last week by New Jersey’s Division of Gaming Enforcement, internet gambling and sports betting have helped propel the Borgata casino in July to the best month an Atlantic City casino has ever had.  The city’s top-performing casino won more than $124 million from in-person casino gamblers,Continue Reading

Scout Gaming Marks 47% Drop in Gaming Revenue 

Business-to-business daily fantasy sports, fantasy betting, and sportsbook Scout Gaming Group has published its interim report covering January-June 2022. The report signaled a series of important revenue drops, including a 47% decrease in the company’s revenue from gaming operations during the second quarter.  The Second Quarter, an “Intensive Period” TheContinue Reading

Arizona sports betting handle sees 29% monthly drop to 2M in April but still among top 10 for the month

Arizona reported $512.8 million in sports wagers in April. The total shows a 26% decrease from the record-breaking $692 million reported in March, but still marks the third-highest handle since launch. According to official data released this month, Arizona sportsbooks won $16.5 million in gross sports betting from April’s bets,Continue Reading