Tag: Light & Wonder

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Light & Wonder Q4 Sales Risk Threatens 2026 Guidance

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Light & Wonder Q2 net income rose 26.3% but revenue was flat. JP Morgan warns Q4 outright sales carry the highest execution risk to full-year guidance.

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Galaxy Resort Alibaba Damai Fliggy three-year deal

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Galaxy Resort signed a three-year partnership with Alibaba-linked Damai Entertainment and Fliggy to drive concerts, ticket sales and travel packages.

Melco Resorts 3Q net income falls to US$34K

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Melco Resorts posted US$34,000 in 3Q net income, down from US$74.7 million a year earlier. City of Dreams Macau revenue fell 16% to US$566.2 million.

FollowBet brings 100+ streamers to OnlyFun.PH in Q4

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Bloomberry’s OnlyFun.PH will onboard more than 100 streamers to its FollowBet livestream feature this quarter, mostly from VMX. The feature links viewer stakes to host winnings.

Prediction markets face new New York legal push

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New York AG petitions state court over Kalshi advertising documents it missed. Kalshi's appeal is pending. Sporttrade clears CFTC approval, Wisconsin judge rejects election wagering injunction.

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