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Mohegan issues Q1 2025 financial year results, led by net revenue increase

Mohegan issues Q1 2025 financial year results, led by net revenue increase

Mohegan Tribal Gaming Authority released its Q1 Fiscal 2025 operating results today (ended Dec. 31, 2024), led by a sizable uptick in net revenues, but also a net loss of US$85.9 million.Chief Financial Officer Ari Glazer said net revenue of US$498.9 million, an increase of US$73.7 million compared

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DraftKings Q3 Earnings: Revenue Up 39%; Net Loss Increases by $12 Million

DraftKings Q3 Earnings: Revenue Up 39%; Net Loss Increases by $12 Million

DraftKings released its financial results for the third quarter of 2024. Total revenue reached $1.1 billion, a 39% increase year-over-year, while adjusted EBITDA was a negative $58.5 million—a significant decrease compared to the negative $153.4 million reported in the same period last year. However

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