LVS’ Q2 2022 Revealed Wider Loss, Missed Expectations

Global developer and operator of convention-based integrated casino resorts Las Vegas Sands (LVS) Corp. reported Wednesday its second quarter financial results and revealed that the business continued to struggle amid restrictions and reduced visitation. Loss Wider than Market Expected For the three months ended June 30, 2022, LVS posted netContinue Reading

DraftKings’ 47% revenue growth above Q4 estimates; shares drop over widened net loss, missed MUPs mark

Sports betting giant DraftKings has shared its fourth quarter and full-year 2021 financial report. The company describes its results for Q4 as “better than expected,” presenting a 47% year-over-year revenue increase that beat guidance by 8%.  For the three months ended December 31, the company reported revenue of $473 million,Continue Reading