MGM Resorts' Record $4.45B Revenue Can't Offset Margin Pressure
MGM Resorts reported record Q2 2026 revenue of $4.45 billion, but adjusted EBITDA fell 5.7% and adjusted EPS dropped 25.3%, showing margin pressure.
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Flutter Swings to $296m Q2 Loss and Cuts 2026 Guidance on Promo Spending
Heavy promo spending and closures turned Flutter's 3% revenue rise into a $296m Q2 loss and lower 2026 guidance.
Illinois Gaming Board Expands Self-Exclusion Program With Tiered Terms
Illinois Gaming Board adopts six-month to five-year self-exclusion terms, future mail and online enrollment, and a 12-month marketing exclusion list.
Pennsylvania House Bill 2801 Would Ban Sweepstakes Casinos With $500,000 Fines
House Bill 2801 would make dual-currency online sweepstakes games illegal, with fines of $50,000 to $500,000 per violation.
Light & Wonder Q2 FY26 Profit Rises 26% as DCF Suggests ASX Shares Undervalued
Light & Wonder reported Q2 FY26 revenue of US$828 million, up 2%, and net income up 26%, while a DCF analysis suggests the ASX shares are undervalued.
Red Rock Resorts Green Valley Ranch East Tower to Reopen in September
Red Rock Resorts said the Green Valley Ranch renovation cut Q2 profit by an estimated $7 million, with the East Tower scheduled to reopen in September.
Michigan Seeks Kalshi Contempt as Coinbase Exits Sports Contracts
Michigan's attorney general asks a judge to hold Kalshi in contempt as Coinbase agrees to stop sports event contracts by October 10.