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MINNETONKA, Minn., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Table Trac, Inc. (OTCQX: TBTC) today announced that a new Nevada casino partner is installing the CasinoTrac CMS system, and a long-time customer is upgrading from our classic system to our latest comprehensive technology stack featuring enhanced capabilities for Loyalty, Bonusing, & Operations. Barton's Club 93 Casino Hotel, under new ownership, GLM Gaming, LLC, as part of a significant property remodel and renovation is upgrading the slot system to Casi ...

Financial Performance - Total Operating Revenues increased to $190 million, a 17.7% increase compared to $161 million in the same period last year[4] - Revenue from casino contracts grew significantly to $84 million, a 35% increase from $62 million in the prior year[4] - Non-Gaming revenue increased to $106 million, a 6.9% increase from $99 million in the prior year[4] - Adjusted EBITDA increased to $76 million, a 40.8% increase compared to $54 million in the same period last year[4] - Net Loss significantly decreased to $4 million, an 88.8% improvement from a $37 million loss in the prior year[4] Key Operating Metrics - Mass Table Drop remained relatively stable at $958 million, showing a 4% increase compared to the previous quarter and 0% compared to the same quarter last year[13] - Mass Table Hold percentage increased to 34%, a 115 basis points increase compared to the previous quarter and a 391 basis points increase compared to the same quarter last year[13] - Mass GGR increased to $326 million, a 7% increase compared to the previous quarter and a 13% increase compared to the same quarter last year[13] - Slots GGR increased to $34 million, a 3% increase compared to the previous quarter and a 22% increase compared to the same quarter last year[13]

Core Insights - Caesars Entertainment reported Q2 2025 GAAP revenue of $2.9 billion, exceeding analyst forecasts by approximately $41 million, but posted a GAAP net loss of $82 million, translating to a loss per share of $(0.39) [1][2] - The results indicate strong performance in the digital segment, while core casino operations continue to face margin and profit pressures [1][5] Financial Performance - Q2 2025 EPS (GAAP) was $(0.39), compared to an estimate of $0.05 and a loss of $(0.56) in Q2 2024, reflecting a year-over-year improvement of 30.4% [2] - GAAP revenue increased by 3.6% year-over-year from $2.8 billion in Q2 2024 [2] - Adjusted EBITDA for the quarter was $955 million, down 4.1% from $996 million in Q2 2024 [2] - The digital segment achieved adjusted EBITDA of $80 million, doubling the previous year's result [2][5] Segment Performance - The digital segment generated net revenue of $343 million, a 24.3% increase year-over-year, with management attributing this growth to cost controls and product launches [5] - Las Vegas operations saw a 3.7% decline in net revenue year-over-year, with adjusted EBITDA down 8.0% [6] - Regional properties outside Las Vegas reported GAAP net revenue of $1.435 billion, a 3.6% increase, but adjusted EBITDA dropped 6.4% [7] Strategic Focus - Caesars is investing heavily in digital platforms, new casino developments, and technology upgrades to enhance competitiveness [4] - The company is expanding its digital gaming offerings and nurturing strategic partnerships with sports leagues [4] - Product innovation, including new branded slot titles and omni-channel loyalty integration via Caesars Rewards, is a key focus to adapt to changing consumer behavior [4][11] Capital Allocation and Debt Management - The company is prioritizing debt reduction, having redeemed $546 million in higher-cost notes, which is expected to lower annual interest expenses by $44 million [8] - Caesars' cash balance increased to $982 million, with total net debt standing at $11.3 billion [8] Digital Segment Growth - The Caesars Digital segment includes online sports betting and iGaming, with iGaming revenue growing by 53% year-over-year due to exclusive in-house games and improved customer relationship management [10] - The company continues to synchronize new slot titles across physical and online platforms to enhance customer engagement [11] Outlook - Management did not provide specific financial guidance for the upcoming quarter but emphasized a focus on using free cash flow for debt paydown and selective share repurchases [12]

Core Insights - Red Rock Resorts reported strong second-quarter fiscal 2025 earnings, with GAAP revenue of $526.3 million, surpassing analyst expectations of $488.1 million, and GAAP EPS of $0.95, significantly higher than the anticipated $0.41 [1][2] - The company experienced a 55.1% year-over-year increase in net income, reaching $108.3 million, driven by robust business trends and development progress [1][2] Financial Performance - Q2 2025 GAAP revenue was $526.3 million, an 8.2% increase from $486.4 million in Q2 2024 [2] - GAAP EPS for Q2 2025 was $0.95, up 61.0% from $0.59 in Q2 2024 [2] - Adjusted EBITDA reached $229.4 million, reflecting a 13.7% increase from $201.7 million in the previous year [2] - Las Vegas operations contributed significantly, with adjusted EBITDA of $239.4 million, a 7.3% increase from $223.1 million [2] Business Operations - The company operates a network of casino resorts and entertainment venues in Las Vegas, including major properties like Red Rock and Green Valley Ranch [3] - Key business drivers include strategic property locations, high-margin gaming revenue, and loyalty initiatives aimed at local residents [4] - Recent operational highlights included a 6.2% year-over-year revenue increase in Las Vegas, reaching $513.3 million, supported by resilient visitation and new property additions [5] Development and Investments - The company is actively reinvesting in its properties, with ongoing projects including a $120 million expansion at Durango, $53 million in upgrades at Sunset Station, and a $200 million refurbishment at Green Valley Ranch [8] - A one-time revenue boost of $10 million from Native American management was noted, linked to a unique development fee [6] Future Outlook - Management expressed confidence in the business model's resilience, citing stability in local casino spending and strong database growth [10] - The company did not provide specific financial guidance but acknowledged potential short-term disruptions from ongoing renovations [10][11] - A regular quarterly dividend of $0.25 per share was declared, alongside a special dividend of $1.00 related to the North Fork project's capital return [9][11]

Core Insights - Red Rock Resorts reported revenue of $526.27 million for the quarter ended June 2025, marking an 8.2% year-over-year increase and exceeding the Zacks Consensus Estimate of $485.25 million by 8.45% [1] - The company achieved an EPS of $0.95, a significant increase from $0.59 a year ago, resulting in an EPS surprise of 137.5% compared to the consensus estimate of $0.40 [1] Financial Performance Metrics - Casino operating revenues reached $344.8 million, surpassing the average estimate of $319.64 million by analysts, reflecting a year-over-year increase of 7.9% [4] - Room operating revenues were reported at $51.19 million, exceeding the estimated $48.83 million, with a year-over-year change of 2.1% [4] - Food and beverage operating revenues totaled $94.37 million, above the average estimate of $88.47 million, indicating a 2.9% year-over-year increase [4] - Other operating revenues were $25.91 million, slightly above the estimated $25.75 million, showing a year-over-year change of 4% [4] - Net revenue from Las Vegas operations was $513.26 million, exceeding the average estimate of $466.92 million, with a year-over-year increase of 6.2% [4] - Corporate and other net revenue was $3 million, slightly below the estimated $3.06 million, reflecting a 6% decrease year-over-year [4] - Adjusted EBITDA for Las Vegas operations was $239.44 million, surpassing the estimated $209.55 million [4] - Adjusted EBITDA for corporate and other operations was reported at -$20.09 million, better than the estimated -$21.28 million [4] Stock Performance - Red Rock Resorts shares have returned 5.2% over the past month, outperforming the Zacks S&P 500 composite's 3.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Core Viewpoint - Whirlpool reported quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.54 per share, and down from $2.39 per share a year ago, indicating a significant earnings surprise of -12.99% [1][2] Financial Performance - The company posted revenues of $3.77 billion for the quarter ended June 2025, slightly surpassing the Zacks Consensus Estimate by 0.06%, but down from $3.99 billion year-over-year [2] - Over the last four quarters, Whirlpool has surpassed consensus EPS estimates two times and topped revenue estimates just once [2] Stock Performance - Whirlpool shares have declined approximately 12.9% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The current Zacks Rank for Whirlpool is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.41 on revenues of $3.94 billion, and for the current fiscal year, it is $8.41 on revenues of $15.52 billion [7] - The trend of estimate revisions for Whirlpool was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The Household Appliances industry, to which Whirlpool belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Core Insights - The article emphasizes the importance of in-depth research in the casino and gaming sector, highlighting the availability of resources for investors [1] Group 1: Industry Overview - The casino and gaming sector is characterized by significant operational complexities and requires specialized knowledge for effective investment [1] - The sector includes various segments such as traditional casinos, online betting, and entertainment industries, which are interconnected [2] Group 2: Expert Analysis - Howard Jay Klein, with 30 years of experience in major casino operations, leads an investing group called The House Edge, focusing on actionable research in the gaming industry [2] - Klein's investment strategy is centered around value investing, emphasizing the quality of management as a key factor in investment decisions [2]

Core Insights - Boyd Gaming Corporation reported strong financial performance for Q2 2025, with revenues reaching $1.0 billion, a 3.4% increase from $967.5 million in Q2 2024 [2][12] - The company achieved net income of $150.4 million, or $1.84 per share, compared to $139.8 million, or $1.47 per share, in the same period last year, reflecting a 7.5% increase in net income [2][13] - Adjusted EBITDAR for Q2 2025 was $357.9 million, up from $344.2 million in Q2 2024, indicating a positive trend in operational efficiency [3][14] Financial Performance - Total revenues for the second quarter of 2025 were $1,033.998 million, compared to $967.512 million in Q2 2024, marking a year-over-year increase [12] - The Las Vegas Locals segment experienced its strongest quarterly growth in over two years, with segment margins nearing 50% [5] - The Online segment showed growth driven by the company's online casino gaming business, with revenues of $173.051 million, up from $129.930 million in Q2 2024 [12][14] Shareholder Returns - Boyd Gaming paid a quarterly cash dividend of $0.18 per share on July 15, 2025, and repurchased $105 million in shares during Q2 2025 [7][8] - The Board of Directors authorized an additional $500 million for the share repurchase program, with approximately $707 million remaining under the current authorization as of June 30, 2025 [8] Balance Sheet - As of June 30, 2025, Boyd Gaming had cash on hand of $320.1 million and total debt of $3.6 billion, indicating a solid liquidity position [9]

Summary of Sands China 2Q25 Conference Call Company Overview - **Company**: Sands China (1928.HK) - **Industry**: Gaming and Leisure in Macau Key Financial Results - **2Q25 EBITDA**: US$566 million, aligning with expectations (Bloomberg consensus: US$555-580 million) [1] - **Adjusted EBITDA**: US$559 million, reflecting a 3% quarter-over-quarter (qoq) increase [1] - **Revenue Growth**: 4% qoq, with a slight margin slippage to 31.3% from 31.6% in 1Q25 [1] - **Total Gross Gaming Revenue (GGR)**: Increased by 7% qoq, primarily driven by mass-market gaming (+7%) and slots (+11%), while VIP rolling decreased by 20% qoq [1][18] - **Non-Gaming Revenue**: Improved from -8%/-1% year-over-year (yoy) in previous quarters [1] Market Dynamics - **Mass Market Recovery**: The recovery in GGR was led by the mass market rather than VIP, contrary to market expectations [1] - **Visitor Trends**: Significant increases in day-tripper and overnight visitation (+39%/+9% yoy in May) due to relaxed visa policies [1] - **Base Mass Segment Performance**: Base mass gaming revenue increased by 10%, while premium mass grew by 5%, reaching 93% and 106% of pre-COVID19 levels, respectively [1] Property Performance - **Londoner**: EBITDA increased by 34% qoq to US$205 million, exceeding 2Q19 levels by 24% [17] - **Venetian Macao**: Steady performance with flattish EBITDA at US$176 million, benefiting from base mass player return [17] - **Parisian**: Continued struggles with EBITDA down 33% qoq to US$44 million, attributed to weak positioning [17] - **Overall Market Share**: Sands China's GGR market share increased by 0.2 percentage points qoq to 22.8% [17] Strategic Insights - **Promotional Activities**: Management acknowledged the need for aggressive promotional strategies to improve yield on under-utilized facilities [1][18] - **Future Targets**: Short-term target to drive gaming volume closer to US$2.6-2.7 billion in EBITDA, with specific contributions from Londoner and Venetian Macao [19] - **Dividend Policy**: Intention to gradually increase dividends, subject to EBITDA and cash flow generation [19] Financial Projections - **Revised EBITDA Estimates**: FY25-27E EBITDA estimates adjusted down by 2-1% [20] - **Target Price**: Adjusted to HK$21.5 from HK$21.7 [20] - **Valuation Metrics**: Trading at 10.6x/9.2x EV/EBITDA for FY25/26E, indicating a non-demanding valuation relative to historical averages [20] Additional Insights - **Visitor Quality Improvement**: Increased visitation from wealthier coastal provinces, indicating a potential recovery in luxury spending [18] - **Promotional Allowance**: Increased promotional allowance as a percentage of GGR, indicating competitive pressures in the premium mass market [18] - **Cash Position**: Improved cash position by 4% qoq to US$1.5 billion, with net debt at US$5.9 billion [17] This summary encapsulates the key points from Sands China's 2Q25 conference call, highlighting financial performance, market dynamics, strategic insights, and future projections.