{"id":141,"date":"2024-06-16T03:11:43","date_gmt":"2024-06-16T00:11:43","guid":{"rendered":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/"},"modified":"2024-06-17T13:15:34","modified_gmt":"2024-06-17T10:15:34","slug":"q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts","status":"publish","type":"post","link":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/","title":{"rendered":"Q2 2023 Earnings Reports: Boyd Gaming, GLPI, and PointsBet Show Growth and Strategic Shifts"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Y3DuzUn_l-c\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Boyd Gaming, Gaming and Leisure Properties, along with PointsBet, recently released their earnings reports. All three entities provided financial updates earlier today.<\/p>\n<p>Boyd Gaming\u2019s Q2 2023 earnings revealed a 3% year-on-year revenue rise, hitting $917 million, with $660.7 million generated by its gaming division. Although this represented a minor dip compared to the $684.9 million in gaming revenue from the corresponding period last year, the iGaming sector experienced a 50% surge to $85 million. This expansion was partly driven by a 31% boost in net income, reaching $192.5 million.<\/p>\n<p>\u201cThroughout the second quarter, we once again showcased our capacity to deliver solid performance amidst a demanding landscape, propelled by our streamlined operating framework, robust leadership team, and successful expansion initiatives,\u201d remarked Keith Smith, President and CEO of Boyd Gaming. \u201cWe maintain our focus on cultivating loyalty within our primary customer demographic, while our operational teams continue to effectively oversee expenses across the business, yielding strong company-wide profit margins consistent with recent quarters.\u201d<\/p>\n<p>Gaming and Leisure Properties Inc (GLPI) also announced their Q2 earnings, reporting a 3% increase in net income to $160.1 million. Revenues exhibited a 9% year-on-year growth, totaling $356.6 million. <\/p>\n<p>Entertainment and Recreation Holdings, Inc. (GLPI) experienced a 5% surge in modified EBITDA, hitting $325.5 million. This expansion was driven by robust lessee connections and steady gaming income, resulting in yet another peak quarter for the firm. Overall revenue for the second quarter also demonstrated remarkable growth, climbing 9.2% year-on-year to $356.6 million. <\/p>\n<p>Chief Executive Peter Carlino emphasized GLPI&#8217;s tactical enlargement and diversification initiatives, with the corporation now collaborating with six occupants across 59 locations in 18 states. This encompasses eight fresh sites incorporated in 2022 and early 2023 through alliances with The Cordish Companies and Bally&#8217;s Corporation. These incorporations are anticipated to favorably influence GLPI&#8217;s results throughout the balance of 2023 and beyond.<\/p>\n<p>In separate sector updates, PointsBet published its second-quarter earnings statement for 2023.  Previously this year, PointsBet consented to a $2.25 billion purchase proposal from Fanatics for its U.S. operations, subsequent to a bidding contest with DraftKings.  For the year to date, PointsBet declared a net gain of $3.91 billion AUD (roughly $2.6 billion USD). <\/p>\n<p>PointsBet experienced a phenomenal final quarter in 2023, achieving a worldwide net gain of AU$217 million, a 26% leap from the corresponding period the previous year. The American market emerged as the dominant force, securing AU$161.1 million, a remarkable 72% year-on-year expansion.  Concurrently, their Australian base remained stable, producing AU$55.6 million, a marginal 1% rise from the prior year.<\/p>\n<p>Examining the details, wagering on sporting events revenue surged by 58%, while their internet gaming division witnessed explosive growth with a 122% increase.  PointsBet also observed significant activity in Canada, with income soaring by over 10,000% compared to the paltry AU$200,000 generated in the same quarter the year before.<\/p>\n<p>Although precise EBITDA figures for this quarter are not yet available, PointsBet&#8217;s statement suggests they are poised to reach profitability or come remarkably close starting in April 2024, partially attributed to the divestiture of their US business. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boyd Gaming, Gaming and Leisure Properties, along with PointsBet, recently released their earnings reports. All&#8230;<\/p>\n","protected":false},"author":78,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Boyd Gaming Q2 Earnings: Revenue Up, iGaming Soars 50%<\/title>\n<meta name=\"description\" content=\"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q2 2023 Earnings Reports: Boyd Gaming, GLPI, and PointsBet Show Growth and Strategic Shifts\" \/>\n<meta property=\"og:description\" content=\"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Power of Licensed Online Casino Gaming\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-16T00:11:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:15:34+00:00\" \/>\n<meta name=\"author\" content=\"Landon &quot;Lancer&quot; Dunn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Landon &quot;Lancer&quot; Dunn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/\",\"name\":\"Boyd Gaming Q2 Earnings: Revenue Up, iGaming Soars 50%\",\"isPartOf\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-16T00:11:43+00:00\",\"dateModified\":\"2024-06-17T10:15:34+00:00\",\"author\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/1f4b6ab07897df2bfd37ab2b048b2658\"},\"description\":\"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!\",\"breadcrumb\":{\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/yabbynodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Q2 2023 Earnings Reports: Boyd Gaming, GLPI, and PointsBet Show Growth and Strategic Shifts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#website\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/\",\"name\":\"Discover the Power of Licensed Online Casino Gaming\",\"description\":\"Immerse yourself in the excitement of licensed online gambling with our regularly updated news, in-depth game reviews, and informative insights. Elevate your gaming experience.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/yabbynodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/1f4b6ab07897df2bfd37ab2b048b2658\",\"name\":\"Landon \\\"Lancer\\\" Dunn\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/wp-content\/uploads\/sites\/68\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/yabbynodepositbonus.icu\/wp-content\/uploads\/sites\/68\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Landon \\\"Lancer\\\" Dunn\"},\"description\":\"Holding a Master's degree in Combinatorial Game Theory and a Bachelor's in Philosophy, this versatile author has a deep appreciation for the strategic and philosophical dimensions of games and their role in shaping human reasoning, decision-making, and social interaction. They have expertise in game semantics, logic, and philosophy of mind, which they apply to the study of the cognitive and communicative aspects of gambling games and the development of strategies to promote critical thinking and responsible decision-making. Their articles and news pieces provide readers with a philosophical perspective on the casino industry and the strategies used to cultivate a culture of reflection and responsibility.\",\"url\":\"https:\/\/yabbynodepositbonus.icu\/author\/weqgfnd134xcb12\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Boyd Gaming Q2 Earnings: Revenue Up, iGaming Soars 50%","description":"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/","og_locale":"en_GB","og_type":"article","og_title":"Q2 2023 Earnings Reports: Boyd Gaming, GLPI, and PointsBet Show Growth and Strategic Shifts","og_description":"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!","og_url":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/","og_site_name":"Discover the Power of Licensed Online Casino Gaming","article_published_time":"2024-06-16T00:11:43+00:00","article_modified_time":"2024-06-17T10:15:34+00:00","author":"Landon \"Lancer\" Dunn","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Landon \"Lancer\" Dunn","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/","url":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/","name":"Boyd Gaming Q2 Earnings: Revenue Up, iGaming Soars 50%","isPartOf":{"@id":"https:\/\/yabbynodepositbonus.icu\/#website"},"datePublished":"2024-06-16T00:11:43+00:00","dateModified":"2024-06-17T10:15:34+00:00","author":{"@id":"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/1f4b6ab07897df2bfd37ab2b048b2658"},"description":"Boyd Gaming posts 3% revenue growth in Q2 2023, driven by a massive 50% jump in iGaming revenue. Get the full breakdown of their earnings report here!","breadcrumb":{"@id":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/yabbynodepositbonus.icu\/2024\/06\/16\/q2-2023-earnings-reports-boyd-gaming-glpi-and-pointsbet-show-growth-and-strategic-shifts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/yabbynodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Q2 2023 Earnings Reports: Boyd Gaming, GLPI, and PointsBet Show Growth and Strategic Shifts"}]},{"@type":"WebSite","@id":"https:\/\/yabbynodepositbonus.icu\/#website","url":"https:\/\/yabbynodepositbonus.icu\/","name":"Discover the Power of Licensed Online Casino Gaming","description":"Immerse yourself in the excitement of licensed online gambling with our regularly updated news, in-depth game reviews, and informative insights. Elevate your gaming experience.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/yabbynodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/1f4b6ab07897df2bfd37ab2b048b2658","name":"Landon \"Lancer\" Dunn","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/yabbynodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/yabbynodepositbonus.icu\/wp-content\/uploads\/sites\/68\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/yabbynodepositbonus.icu\/wp-content\/uploads\/sites\/68\/2024\/06\/man-avatar-96x96.png","caption":"Landon \"Lancer\" Dunn"},"description":"Holding a Master's degree in Combinatorial Game Theory and a Bachelor's in Philosophy, this versatile author has a deep appreciation for the strategic and philosophical dimensions of games and their role in shaping human reasoning, decision-making, and social interaction. They have expertise in game semantics, logic, and philosophy of mind, which they apply to the study of the cognitive and communicative aspects of gambling games and the development of strategies to promote critical thinking and responsible decision-making. Their articles and news pieces provide readers with a philosophical perspective on the casino industry and the strategies used to cultivate a culture of reflection and responsibility.","url":"https:\/\/yabbynodepositbonus.icu\/author\/weqgfnd134xcb12\/"}]}},"_links":{"self":[{"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/posts\/141"}],"collection":[{"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/users\/78"}],"replies":[{"embeddable":true,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=141"}],"version-history":[{"count":1,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/posts\/141\/revisions"}],"predecessor-version":[{"id":177,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/posts\/141\/revisions\/177"}],"wp:attachment":[{"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yabbynodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}