Sunday, September 20, 2020

Tag: EBITDA

Boyd Gaming confirms key growths during Q2 2017

ICR - Scientific report growth Boyd offering private
Boyd Gaming Corporation latest financial results saw strong progress alongside the best Q2 results in nearly 10 years for Las Vegas Locals.   The Boyd Gaming Corporation, which owns and operates 24 gaming entertainment properties across the United States, has reported a number of significant areas of growth in its financial results for Q2 2017. Keith Smith, President and Chief Executive Officer...

IGT marks important milestones as finances rise in 2016

ICR - IGT 2016
IGT recorded strong overall progress in its fullyear results for 2016, posting year-on-year growth of 10 percent to a total of $5.2bn.   Operating income also grew by 22 percent across the same 12 month period to $600m, up from $540m recorded in 2015. The company also reported a 9 percent rise in adjusted EBITDA, growing to $1.76bn from $1.61bn, while adjusted...

Playtech returns capital to shareholders amid strong cash generation

Casino Review, Playtech
Gaming and financial services supplier Playtech is set to return E150m to shareholders after a particularly strong trading in the first half of the year, which saw revenues for the group jump by 18 per cent.   The company said that the strength of its balance sheet and “continuing substantial cash generation” meant that it could offer a special dividend to...

Boyd Gaming reports second-quarter 2016 financials

Boyd Gaming Las Vegas
Boyd Gaming reported second-quarter 2016 net revenues of $544.9m (€490m), down 2.7 percent compared to the year-ago quarter. On a GAAP basis, and including discontinued operations, the company reported net income of $30.0m (€27m) for the second quarter of 2016, compared to a net loss of $6.4 (€5.8) million for the year-ago period. Income from continuing operations, net of tax,...

Genting safe from Brexit effect as Malaysian developments spur growth

Genting Brexit Malaysia
Genting Malaysia has announced that its Malaysian operations be able to cushion its UK casinos’ earnings from any Brexit impact.   Investment researchers AllianceDBS said the group’s UK operations contribute less than 10 percent of its earnings before interest, tax, depreciation and amortization (EBITDA). “Brexit should not be a key drag. Although the group has overseas operations covering the UK and US,...

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