Get the daily briefing
The day’s most important stories, free. One email a day.
Keep reading
Galaxy Entertainment reports third-quarter EBITDA up 10.4%
Galaxy Entertainment Group said adjusted EBITDA for the third quarter of 2026 rose 10.4% year on year to just under HKD3.69 billion. Net revenue increased 5.1% to HKD12.02 billion, while gross gaming revenue rose 5.2% to HKD12.88 billion. The company said work on Galaxy Macau’s Phase 4 fit-out continued, with completion scheduled for 2027.
Galaxy Entertainment Group reported adjusted EBITDA of just under HKD3.69bn for the third quarter of 2026. Per Friday's announcement, that result was 10.4 percent higher than in the prior-year period.
Full House targets $8m in Chamonix cost savings
Full House Resorts announced an $8 million cost-saving initiative at its Chamonix Casino Resort in Colorado during its third-quarter conference call. Company president Lewis Fanger said the changes include ending room service, bringing housekeeping and laundry in-house, and reducing restaurant hours; CEO Dan Lee said the resort was not for sale but that the company would consider offers.
The third-quarter conference call of Full House Resorts centred mainly on its underperforming Chamonix Casino Resort in Colorado. A cost-savings initiative worth $8 million was announced for the property.
City of Dreams Sri Lanka records LKR340m quarterly EBITDA
City of Dreams Sri Lanka recorded EBITDA of LKR340 million in the second quarter of the 2026/27 financial year, compared with a LKR64 million loss a year earlier. The resort’s pre-tax loss narrowed to LKR1.19 billion from LKR3.39 billion, with an LKR896 million foreign-exchange gain contributing to the result, alongside higher hotel occupancy and casino activity.
In the 2nd quarter of the 2026/27 financial year, City of Dreams Sri Lanka recorded positive EBITDA of LKR340 million (US$1.02 million). That reversed a LKR64 million EBITDA loss from the same period a year earlier. Hotel occupancy was higher and casino activity increased, which supported the integrated resort while it continued to scale up operations.
DraftKings reports 16% third-quarter revenue growth to $1.3 billion
DraftKings announced third-quarter revenue of $1.3 billion, up 16% from the same period in 2025. The company said growth was driven mainly by customer engagement and sportsbook net revenue margin; it also issued fiscal 2027 revenue guidance of $7.35 billion to $7.75 billion and said it plans substantial investment in its predictions business.
DraftKings announced third-quarter revenue of $1.3bn, an increase of $185m, or 16%, from the same period in 2025. A news release attributed the increase mainly to continued customer engagement and a higher sportsbook net revenue margin.
Svenska Spel reports €170m gaming revenue in Q3 2026
Svenska Spel reported net gaming revenue of €170m for the third quarter of 2026, up 1% year on year, with growth in sports betting, casinos and lotteries. Operating profit fell 9% to €59m; the company attributed the decline mainly to strategic costs, including brand development and a migration to cloud-based systems.
Svenska Spel recorded net gaming revenue of €170m in the third quarter of 2026, up 1% year on year. The growth came mainly from sports betting, casinos and lotteries.
