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

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

Pagcor posts net income down 87% to .9M in 2021 amid pandemic restrictions, POGOs closures

PAGCOR -the state-run Philippine Amusement and Gaming Corporation- has posted net income down nearly 87% to P203.6 million ($3.9 million) in 2021, according to new figures released by the regulator. The Philippines casino industry was severely hit by the Covid-19 pandemic, with lockdowns and preventive measures still in place duringContinue Reading