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Rivalry Reports Record Ontario Performance
Globenewswire· 2025-12-17 21:30
TORONTO, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), the leading sportsbook and iGaming operator for digital-first players, today provided an update on accelerating momentum in Ontario, the Company’s core regulated market. Ontario Performance Update Rivalry continues to see accelerating momentum in Ontario following the completion of its October capital restructuring and refinancing. Based on results to date, the Company is tracking toward an all-time record qu ...
Why Caesars Entertainment Stock Plummeted 15.2% Today
Yahoo Finance· 2025-10-29 21:15
Core Points - Caesars Entertainment Inc's shares fell by 15.2% on Wednesday, contrasting with a flat S&P 500 and a 0.5% gain in the Nasdaq Composite [1] - The company reported a loss of $0.27 per share on $2.87 billion in sales, missing Wall Street's expectations of a loss of $0.09 per share on $2.89 billion in sales [3][6] - Las Vegas sales declined nearly 10% year over year, attributed to a drop in seasonal traffic [3][4] Financial Performance - Caesars Entertainment's Q3 earnings missed targets, with a reported loss of $0.27 per share [3][6] - Total sales for the quarter were $2.87 billion, slightly below the consensus estimate of $2.89 billion [3][6] Market Trends - The decline in Las Vegas traffic is noted, with CEO Tom Reeg mentioning softness in leisure demand during the summer months [4] - The shift towards online gambling is highlighted as a significant factor affecting Caesars' performance, as many gamblers prefer online platforms over traditional brick-and-mortar casinos [4] Investment Considerations - Analysts from The Motley Fool Stock Advisor have identified 10 stocks they believe are better investment opportunities than Caesars Entertainment [5][6]