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Golden Entertainment reports lower casino revenue in Q2 2024

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Golden Entertainment reported second-quarter 2024 property revenue of $101m, down 1.4% from $102.5m a year earlier. Adjusted earnings declined to $27.4m from $28m, while same-store tavern revenue fell 2.4%. The company also reported record second-quarter hotel revenue at The Strat, up 14%.

Investors can weigh lower property and tavern revenue against record hotel revenue at The Strat.

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Playtech raises 2026 adjusted EBITDA outlook above EUR 300 million

Playtech raised its 2026 adjusted EBITDA outlook to more than EUR 300 million after trading above expectations in the four months to 31 October. Chief executive Mor Weizer said regulated markets, particularly the Americas, contributed to performance; the company also reported first-half revenue of EUR 425.1 million and adjusted EBITDA of EUR 162.5 million.

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