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Adam Neal

Adam Neal

  • MGM Resorts Q3 2026 Results: EBITDA Down, Loss Narrows
    Financial Results

    MGM Resorts Q3 2026 Results: EBITDA Down, Loss Narrows

    October 29, 2026

    MGM Resorts’ Q3 2026 results: revenue, Adjusted EBITDA, segment profit and why the net loss narrowed, from the company’s October 28 release.

  • How Light & Wonder Makes Money: Business Model Explained
    Suppliers

    How Light & Wonder Makes Money: Business Model Explained

    October 29, 2026

    How Light & Wonder makes money: fiscal 2025 revenue by segment, recurring vs one-time gaming revenue, margins and one-off costs.

  • Flutter Q2 2026 Results: Revenue Up, Profit Down
    Financial Results

    Flutter Q2 2026 Results: Revenue Up, Profit Down

    October 22, 2026

    Flutter Entertainment’s Q2 2026 results analyzed from the company’s release: revenue, adjusted EBITDA, segments, net loss and updated guidance.

  • How Genius Sports Makes Money: Data Rights and Media
    Suppliers

    How Genius Sports Makes Money: Data Rights and Media

    October 22, 2026

    How Genius Sports earns revenue from official data rights, betting technology and media, with fiscal 2025 and Q2 2026 figures from its filings.

  • Pennsylvania Gaming Revenue: Fiscal 2025/26 Results
    Market Analysis

    Pennsylvania Gaming Revenue: Fiscal 2025/26 Results

    October 22, 2026

    Pennsylvania gaming revenue hit a record $7.01 billion in fiscal 2025/26. See what drove growth, hold, taxes and the shift to online products.

  • GGR vs NGR: Gross Gaming Revenue Explained
    Gambling Business

    GGR vs NGR: Gross Gaming Revenue Explained

    October 22, 2026

    Gross gaming revenue (GGR) is wagers minus winnings; NGR deducts more. See the math, a worked example and how U.S. states define each.

  • How Gaming Suppliers Make Money: Sales vs Recurring Revenue
    Suppliers

    How Gaming Suppliers Make Money: Sales vs Recurring Revenue

    October 16, 2026

    Gaming suppliers earn from one-time machine sales and recurring placements. Light & Wonder’s 2025 results show how the two models differ in cash and…

  • New York Sports Betting Revenue: Size, Growth and Hold
    Market Analysis

    New York Sports Betting Revenue: Size, Growth and Hold

    October 16, 2026

    New York’s mobile sports betting market earned $2.6B in fiscal 2026. See how handle, hold and 51% tax receipts changed, and what drove revenue…

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