All news

    AGEM Index surges 16.4% to record high in October as all nine manufacturers post gains

    AGEM Index surges 16.4% to record high in October as all nine manufacturers post gains

    The AGEM Index rose 16.4% month-over-month in October to reach a record high of 2,108.59 points. The surge was driven by share price gains across all nine tracked gaming equipment manufacturers, significantly outperforming broader U.S. stock indices.

    Summary based on reporting by Yogonet, which retains all rights to its text and images.

    The Daily Briefing

    One email each morning with the stories that moved the betting industry — regulators, operators and market moves, summarised. Free for industry professionals.

    No spam, no bonuses — just industry news. Unsubscribe any time.

    More like this

    DraftKings cuts 2026 earnings forecast by up to $625 million as quarterly losses nearly double

    DraftKings cuts 2026 earnings forecast by up to $625 million as quarterly losses nearly double

    DraftKings has lowered its full-year 2026 adjusted EBITDA guidance by up to $625 million to a range of $175 million to $275 million, down from its prior forecast of $700 million to $900 million. The revision comes as investments into its prediction markets business weigh on profitability, causing quarterly losses to nearly double despite a 16% increase in third-quarter revenue. The operator has also trimmed its full-year revenue projection to $6.35 billion.

    Wynn Resorts reports lower Q3 revenue, net income as results decline across all four operating segments

    Wynn Resorts reports lower Q3 revenue, net income as results decline across all four operating segments

    Wynn Resorts reported lower revenue and net income for the third quarter, generating $1.69 billion in operating revenue amid performance declines across Las Vegas, Macau, and Boston. Alongside the contraction across all four operating segments, the company established a framework for a labor agreement at Encore Boston Harbor and confirmed its development focus remains on its UAE resort project.